Ashland.com

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Business Fundamentals

Balanced Performance
Ashland's strategy focuses on creating a balanced business mix that combines profitability with more predictable earnings in order to improve shareholder value, our ultimate goal. We seek to attain this through sustained, organic growth, as well as through acquisitions that strengthen our existing businesses, leverage our core capabilities and will achieve our financial objectives over time. We strive to win in the marketplace by outperforming our competition and providing our customers with quality, innovative products, services and solutions.

Performance Indicators
For investors interested in evaluating Ashland's overall performance, please select one of the links below to view pertinent data relating to our businesses.

Click to View
5-Yr. Operating
& Net Income Summary

Business Fundamentals
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» Ashland Distribution
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» Ashland Water Technologies
» Valvoline

13 Month Foreign Reporting Impact in Fiscal 2007
Included in the financial information are the effects of changes in Ashland’s accounting methodology as a result of the implementation of Ashland’s enterprise resource planning (“ERP”) system. The new ERP system allows Ashland to report business results from certain foreign jurisdictions (which were previously on different computer systems) at the same time as United States operations. Previously this information was available only on a one-month lag. As a result of this change, operations in these non-United States jurisdictions will generate thirteen months of business results in fiscal 2007. It affected sales reported in both August and September 2007 and affects 3 and 12 month rolling averages that contain August and September 2007 business results. You may view the effects by clicking here.