X0306 4 2015-11-12 0001305014 ASHLAND INC. ASH 0001187010 HEITMAN WILLIAM J 50 E. RIVERCENTER BOULEVARD COVINGTON KY 41012-0391 1 Controller Common Stock 2015-11-12 4 F 0 81 108.06 D 9879 D Common Stock 317 I 401(k) 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 1,019 shares of unvested Restricted Stock. Based on Employee Savings Plan information as of October 30, 2015, the latest date for which such information is reasonably available. /s/ Issa O. Yesufu, Attorney-in-Fact 2015-11-13