PROSPECTUS SUPPLEMENT For SEC Filing Purposes
(to Prospectus dated April 24, 1995) Filed under Rule 424(b)(2)
Registration No. 33-57011
65,600 Shares ASHLAND INC. Common Stock ($1.00 par value)
Pursuant to a Sales Agency Agreement dated May 1, 1995 between Ashland Inc.
(the "Company") and NatWest Securities Limited and CS First Boston (the
"Agents"), the Company sold, during the Pricing Period shown below through
NatWest Securities Limited, 65,600 shares of Common Stock pursuant to ordinary
brokers' transactions on the NYSE and/or the Chicago Stock Exchange.
Pricing Period: July 24 Through July 28, 1995
Common Stock sold: 40,000 Average Market Price Shares
25,600 Additional Shares
65,600 Total Shares Sold
Arithmetic Mean of the High
and Low Sale Prices of the
Common Stock reported on the
NYSE for Each Trading Day of 7/24/95 7/25/95 7/26/95 7/27/95
the Pricing Period 34.6250 34.5000 34.3125 34.3750
Average Market Price $ 34.4531
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High and Low Sale Prices at which Average Market Price Shares were sold during the Pricing Period: $34.875/$34.125
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AVERAGE MARKET PRICE SHARES
Gross Proceeds to Company $ 1,378,125.00 Gross Proceeds to Agent $ 1,378,250.00
2.5% Discount $ 34,453.13 Compensation to Agent $ 34,578.13
Net Proceeds to Company $ 1,343,671.88 Net Proceeds to Company $ 1,343,671.88
ADDITIONAL SHARES SOLD
Gross Proceeds to Company $ 882,974.96
Commissions to Agent: $ 2,560.00
SEC Fee: $ 29.44
Net Proceeds to Company $ 880,385.52
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Total Net Proceeds to Company: $ 2,224,057.40 Total Compensation to Agent: $ 37,138.13
Last reported sales price of the Common Stock on the NYSE on July 28, 1995 was $34.125 per share.
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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 THE PROSPECTUS. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL
OFFENSE.
The date of this Prospectus Supplement is July 31, 1995
