Ashland Inc. and Consolidated Subsidiaries													Page 4
OPERATING INFORMATION BY INDUSTRY SEGMENT
(Unaudited)
			Three months ended						Six months ended
			March 31						March 31
			2005			2004			2005			2004
APAC
	Construction backlog at March 31 (millions) (a)								$	2,135		$	1,897
	Net construction job revenues (millions) (b)		$	198		$	207		$	542		$	573
	Hot-mix asphalt production (million tons)			3.7			4.4			11.5			12.9
	Aggregate production (million tons)			6.5			6.1			14.3			12.9
ASHLAND DISTRIBUTION (c)
	Sales per shipping day (millions)		$	15.4		$	12.3		$	14.9		$	11.8
	Gross profit as a percent of sales			9.8%			9.7%			9.7%			9.7%
ASHLAND SPECIALTY CHEMICAL (c)
	Sales per shipping day (millions)		$	7.0		$	4.8		$	6.7		$	5.0
	Gross profit as a percent of sales			26.7%			29.5%			25.5%			29.7%
VALVOLINE
	Lubricant sales (million gallons)			42.2			47.5			83.3			91.3
	Premium lubricants (percent of U.S. branded volumes)			24.1%			21.4%			23.0%			20.4%
REFINING AND MARKETING (d)
	Refinery runs (thousand barrels per day)
		Crude oil refined		922			789			949			844
		Other charge and blend stocks		171			196			186			190
	Refined product yields (thousand barrels per day)
		Gasoline		576			552			611			582
		Distillates		292			235			310			266
		Asphalt		72			57			76			63
		Other		168			155			154			135
		Total		1,108			999			1,151			1,046
	Refined product sales (thousand barrels per day) (e)			1,370			1,307			1,392			1,331
	Refining and wholesale marketing margin (per barrel) (f)		$	2.88		$	1.44		$	3.47		$	1.58
	Speedway SuperAmerica (SSA)
		Retail outlets at March 31								1,659			1,773
		Gasoline and distillate sales (million gallons)		745			763			1,538			1,569
		Gross margin - gasoline and distillates (per gallon)	$	.1058		$	.1145		$	.1141		$	.1145
		Merchandise sales (millions)	$	560		$	521		$	1,141		$	1,068
		Merchandise margin (as a percent of sales)		25.6%			25.3%			25.2%			25.1%
__________
(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.