Ashland Inc. and Consolidated Subsidiaries Page 4
OPERATING INFORMATION BY INDUSTRY SEGMENT
(Unaudited)
Three months ended
December 31
2004 2003
APAC
Construction backlog at December 31 (millions) (a) $ 1,730 $ 1,659
Net construction job revenues (millions) (b)  $ 344 $ 366
Hot-mix asphalt production (million tons) 7.8 8.4
Aggregate production (million tons) 7.8 6.8
ASHLAND DISTRIBUTION (c)
Sales per shipping day (millions) $ 14.4 $ 11.3
Gross profit as a percent of sales       9.6%       9.6%
ASHLAND SPECIALTY CHEMICAL (c)
Sales per shipping day (millions) $ 6.4 $ 5.2
Gross profit as a percent of sales     24.2%     29.8%
VALVOLINE
Lubricant sales (million gallons) 41.1 43.7
Premium lubricants (percent of U.S. branded volumes)     21.8%     19.4%
REFINING AND MARKETING (d)
Refinery runs (thousand barrels per day)
Crude oil refined     975     899
Other charge and blend stocks     200     184
Refined product yields (thousand barrels per day)
Gasoline     644     612
Distillates     328     296
Asphalt       81       68
Other       140       116
Total  1,193  1,092
Refined product sales (thousand barrels per day) (e)  1,414  1,355
Refining and wholesale marketing margin (per barrel) (f) $    4.03 $    1.71
Speedway SuperAmerica (SSA)
Retail outlets at December 31  1,669  1,775
Gasoline and distillate sales (million gallons)     793     806
Gross margin - gasoline and distillates (per gallon) $ .1219 $ .1145
Merchandise sales (millions) $     581 $     547
Merchandise margin (as a percent of sales)     24.9%     24.8%
__________
(a) Includes APAC's proportionate share of the backlog of unconsolidated joint ventures.
(b) Total construction job revenues, less subcontract costs.
(c) Sales are defined as sales and operating revenues. Gross profit is defined as sales and operating revenues, less cost
of sales and operating expenses.
(d) Amounts represent 100% of MAP's operations, in which Ashland owns a 38% interest.
(e) Total average daily volume of all refined product sales to MAP's wholesale, branded and retail (SSA) customers.
(f) Sales revenue less cost of refinery inputs, purchased products and manufacturing expenses, including depreciation.