Exhibit 99.12


(Text of graph posted to Ashland Inc.'s website concerning APAC's lost time
               incident and OSHA recordable incident rates)


                   APAC Monthly Revenue ($, millions)



                     2000        2001         2002        2003

January               133          88          113          99
February              134         151          161         126
March                 165         145          150         148
April                 237         206          216
May                   236         306          289
June                  229         234          251
July                  269         241          231
August                256         324          314
September             242         309          246
October               293         313          259
November              174         216          179
December              153         152          121




           APAC 12 Month Rolling Average ($, millions)



                     2000        2001         2002        2003

January               159         206          226         210
February              163         208          227         207
March                 169         206          227         207
April                 177         203          228
May                   182         209          226
June                  189         210          228
July                  199         207          227
August                202         213          226
September             209         219          221
October               216         220          216
November              217         224          213
December              210         224          211