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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1305014	Ashland Inc.	ASH	Wholesale-Chemicals & Allied Products (5160)	200865835

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1378228	L Theodore Harris	5200 Blazer Parkway Dublin OH 43017	Senior Vice President	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2014-12-29	7,300	$0.00	66,770	No	4	M	Direct
Common Stock	Acquisiton	2014-12-29	9,300	$0.00	76,070	No	4	M	Direct
Common Stock	Disposition	2014-12-29	5,561	$120.33	63,989	No	4	F	Direct
Common Stock	Disposition	2014-12-29	6,520	$120.33	69,550	No	4	F	Direct
Common Stock	Disposition	2014-12-30	1,739	$120.27	62,250	No	4	S	Direct
Common Stock	Disposition	2014-12-30	2,780	$120.27	59,470	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	F	Direct
No	4	F	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Appreciation Right	Disposition	2014-12-29	7,300	$0.00	7,300	$65.78
Common Stock	Stock Appreciation Right	Disposition	2014-12-29	9,300	$0.00	9,300	$51.86

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2007-11-15	2016-12-15	No	4	M	Direct
0	2011-11-17	2020-12-17	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	1,671	Indirect	401(k)

Footnotes

The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 14, 2014.
Payment of exercise price and tax liability by withholding securities incident to the exercise of Stock Appreciation Rights referenced in footnote 6 below.
Payment of exercise price and tax liability by withholding securities incident to the exercise of Stock Appreciation Rights referenced in footnote 7 below.
Includes 20,095 shares of unvested Restricted Stock.
Based on Employee Savings Plan information as of December 1, 2014, the latest date for which such information is reasonably available.
Stock Appreciation Right granted pursuant to the 2006 Ashland Inc. Incentive Plan which vests in three annual installments: 50% after the 1st year, the next 25% the 2nd year and the remaining 25% the 3rd year.
Stock Appreciation Right granted pursuant to the 2006 Ashland Inc. Incentive Plan which vests in three annual installments: 50% after the 1st year, the next 25% the 2nd year and the remaining 25% the 3rd year.