Ashland Inc. to participate in 7th annual J.P. Morgan Diversified Industries Conference in New York June 6


May 24, 2012

COVINGTON, Ky. - Ashland Inc. today announced it will participate in the 7th annual J.P. Morgan Diversified Industries Conference June 6 in New York City. Lamar Chambers, Ashland senior vice president and chief financial officer, will discuss the company's growth strategy and financial performance, and answer questions from investors.

The event will be broadcast live over the internet beginning at approximately 11 a.m. EDT. This webcast can be accessed through the Ashland website at http://investor.ashland.com. A webcast replay will be available within 24 hours of the live presentation and will be available on Ashland's website for 90 days. Supporting materials will be available for 12 months.

In more than 100 countries, the people of Ashland Inc. (NYSE: ASH) provide the specialty chemicals, technologies and insights to help customers create new and improved products for today and sustainable solutions for tomorrow. Our chemistry is at work every day in a wide variety of markets and applications, including architectural coatings, automotive, construction, energy, food and beverage, personal care, pharmaceutical, tissue and towel, and water treatment. Visit ashland.com to see the innovations we offer through our four commercial units - Ashland Specialty Ingredients, Ashland Water Technologies, Ashland Performance Materials and Ashland Consumer Markets.

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FOR FURTHER INFORMATION:
Media Relations:
Gary Rhodes
+1 (859) 815-3047
glrhodes@ashland.com

Investor Relations:
David Neuberger
+1 (859) 815-4454
daneuberger@ashland.com