Ashland Inc. and Consolidated Subsidiaries Page 4
INFORMATION BY INDUSTRY SEGMENT
(In millions - preliminary and unaudited)
Three months ended Six months ended
March 31 March 31
2008 2007 2008 2007
PERFORMANCE MATERIALS (a)
Sales per shipping day  $ 6.3 $ 5.9 $ 6.2 $ 5.9
Pounds sold per shipping day 4.8 4.7 4.7 4.8
Gross profit as a percent of sales     18.1%     20.5%     18.1%     20.8%
DISTRIBUTION (a)
Sales per shipping day  $ 17.2 $ 15.7 $ 16.6 $ 15.6
Pounds sold per shipping day 18.9 19.8 18.8 19.4
Gross profit as a percent of sales       7.7%       9.0%       7.6%       8.8%
VALVOLINE (a)
Lubricant sales (gallons) 42.1 41.8 81.9 80.4
Premium lubricants (percent of U.S. branded volumes)     25.7%     23.3%     24.4%     22.5%
Gross profit as a percent of sales     24.4%     25.6%     24.6%     24.7%
WATER TECHNOLOGIES (a)
Sales per shipping day  $ 3.5 $ 3.0 $ 3.4 $ 3.0
Gross profit as a percent of sales     37.3%     38.8%     38.3%     39.5%
(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.