PROSPECTUS SUPPLEMENT For SEC Filing Purposes
(To Prospectus dated April 24, 1995) Filed under Rule 424(b)(2)
Registration No. 33-57011
230,900 Shares
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ASHLAND INC.
Common Stock
($1.00 par value)
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Pursuant to a Sales Agency Agreement dated May 1, 1995 between Ashland Inc.
(the "Company") and NatWest Securities Limited and CS First Boston Corporation
(the "Agents"), the Company sold, during the Pricing Period shown below
through Natwest Securities Limited, 230,900 shares of Common Stock pursuant to
ordinary brokers' transactions on the New York Stock Exchange and/or the
Chicago Stock Exchange.
Pricing Period: May 1 through May 5, 1995
Common Stock sold: 50,000 Average Market Price Shares
180,900 Additional Shares
230,900 Total Shares Sold
Arithmetic Mean of the High
and Low Sales Prices of the
Common Stock reported on the
NYSE for Each Trading Day of 5/1/95 5/2/95 5/3/95 5/4/95 5/5/95
the Pricing Period 37.25 38.00 37.875 38.00 37.625
Average Market Price: $37.75 per share
Net Proceeds to Company
for Average Market Price Shares: $1,840,312.50
Total Net Proceeds to Company: $8,623,963.89
Compensation to
Natwest Securities Limited
for Average Market Price Shares: $ 47,187.50
Total Compensation to
Natwest Securities Limited: $ 121,869.88
On May 5, 1995, the last reported sales price of the Common Stock on the New
York Stock Exchange was $37.625 per share.
The shares of Common Stock have been listed on the New York and Chicago Stock
Exchanges.
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THESE SECURITIES HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE SECURITIES AND
EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION NOR HAS THE SECURITIES
AND EXCHANGE COMMISSION OR ANY STATE SECURITIES COMMISSION PASSED UPON THE
ACCURACY OF THIS PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL
OFFENSE.
The date of this Prospectus Supplement is May 8, 1995