Filed under Rule 424(b)(2)
Registration No. 33-51095 and
Registration No. 33-42141
Pricing Supplement No. 18 Dated February 3, 1995
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To Prospectus Dated December 2, 1993
Prospectus Supplement Dated December 2, 1993
$301,627,000
ASHLAND INC.
MEDIUM-TERM NOTES, SERIES F
Due from 9 Months or More from Date of Issue
Principal Amount: $10,000,000
(Total Principal Amount Issued to Date: $184,000,000)
Original Issue Date: February 10, 1995
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Maturity Date: February 10, 2015
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Interest Rate: 8.625%
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Redemption:
Check box opposite applicable paragraph.
[ x ] The Notes cannot be redeemed prior to maturity.
[ ] The Notes may be redeemed prior to maturity.
Initial Redemption Date:
The optional Redemption Price on and after the Initial Redemption
Date shall initially be % of the principal amount of the Notes to
be redeemed and shall decline at each anniversary of the Initial
Redemption Date by % of the principal amount to be redeemed until
the Optional Redemption Price is 100% of such principal amount.
Commission to be paid to agent $ 75,000.00
Morgan Stanley & Co., Inc. ------------
