Ashland Inc. and Consolidated Subsidiaries Page 4
INFORMATION BY INDUSTRY SEGMENT
(In millions - preliminary and unaudited)
Three months ended Year ended
September 30 September 30
2007 2006 2007 2006
PERFORMANCE MATERIALS (a) (b)
Sales per shipping day  $ 6.1 $ 5.7 $ 6.1 $ 5.7
Pounds sold per shipping day 4.8 4.9 4.9 4.9
Gross profit as a percent of sales     18.4%     20.3%     20.5%     22.5%
DISTRIBUTION (a) (b)
Sales per shipping day  $ 15.9 $ 16.3 $ 15.9 $ 16.2
Pounds sold per shipping day 19.6 19.9 19.6 20.3
Gross profit as a percent of sales       7.0%       8.8%       7.9%       9.5%
VALVOLINE (a) (b)
Lubricant sales (gallons) 43.3 41.1 167.1 168.7
Premium lubricants (percent of U.S. branded volumes)     23.5%     22.3%     23.3%     23.1%
Gross profit as a percent of sales     24.6%     16.0%     24.8%     19.9%
WATER TECHNOLOGIES (a) (b)    
Sales per shipping day  $ 3.3 $ 3.0 $ 3.1 $ 2.0
Gross profit as a percent of sales     39.7%     38.4%     39.2%     43.7%
(a) Sales are defined as sales and operating revenues.  Gross profit is defined as sales and operating revenues, less cost of sales and operating expenses.  
(b) Excludes amounts resulting from the elimination of the previous one month financial reporting lag for wholly owned entities outside North America, which was recorded in the three months ended September 30, 2007.