Exhibit 99.2
(Text of graph posted to Ashland Inc.'s website concerning
Ashland Specialty Ingredients gross profit)
3 Month Rolling Average (%)* | |||||
2009 | 2010 | 2011 | 2012 | 2013 | |
January | 29.7 | 29.4 | 34.9 | 32.0 | 32.0 |
February | 30.2 | 29.5 | 34.6 | 32.9 | 31.1 |
March | 31.1 | 34.0 | 35.4 | 33.5 | 30.5 |
April | 31.9 | 34.6 | 34.0 | 34.1 | 29.6 |
May | 32.1 | 34.4 | 34.1 | 35.0 | 29.0 |
June | 28.9 | 34.3 | 33.9 | 34.7 | 28.5 |
July | 29.5 | 33.8 | 33.9 | 35.8 | 29.2 |
August | 29.5 | 34.2 | 32.8 | 34.3 | 30.5 |
September | 34.7 | 33.3 | 32.5 | 34.0 | 30.5 |
October | 34.8 | 32.5 | 35.0 | 31.8 | |
November | 34.7 | 32.5 | 33.4 | 32.4 | |
December | 29.5 | 32.8 | 33.4 | 32.5 |
12 Month Rolling Average (%)* | |||||
2009 | 2010 | 2011 | 2012 | 2013 | |
January | 30.9 | 31.4 | 33.9 | 33.2 | 33.5 |
February | 31.0 | 31.5 | 33.9 | 33.2 | 33.3 |
March | 30.8 | 31.9 | 34.0 | 33.3 | 33.0 |
April | 30.9 | 32.1 | 33.8 | 33.6 | 32.4 |
May | 31.2 | 32.1 | 33.9 | 33.8 | 31.7 |
June | 30.3 | 33.2 | 33.9 | 33.7 | 31.3 |
July | 30.7 | 33.2 | 33.9 | 34.2 | 30.7 |
August | 31.0 | 33.2 | 33.5 | 34.0 | 30.7 |
September | 31.2 | 32.9 | 33.7 | 33.9 | 30.4 |
October | 31.5 | 32.6 | 34.4 | 33.6 | |
November | 31.6 | 32.7 | 33.7 | 33.7 | |
December | 31.1 | 33.6 | 33.8 | 33.7 |
*NOTE: Information from December 2012 has been adjusted to exclude a loss of $31 million related to certain commoditized guar inventories, as well as income of $22 million related to the settlement of a business interruption insurance claim. Information from September 2011 and prior includes the pre-acquisition operations of ISP, which was acquired on August 23, 2011. In addition, information has been adjusted to exclude the impact of the inventory fair value adjustment charges related to purchase accounting for the ISP acquisition, which totaled $44 million.