X0306 4 2015-11-12 0001305014 ASHLAND INC. ASH 0001434786 FERNANDEZ-MORENO LUIS M 8145 BLAZER DRIVE WILMINGTON DE 19808 1 Senior Vice President Common Stock 2015-11-12 4 F 0 160 108.06 D 47473 D Payment of tax liability by withholding incident to the receipt of the vesting of shares of Restricted Common Stock acquired pursuant to Ashland's Amended and Restated 2011 Stock Incentive Plan as approved by the shareholders and exempt pursuant to Rule 16b-3. Includes 45,859 shares of unvested Restricted Stock. /s/ Issa O. Yesufu, Attorney-in-Fact 2015-11-13