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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K/A
AMENDMENT NO. 1
Annual Report Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1996
Commission file number 1-2918
ASHLAND INC.
(a Kentucky corporation)
I.R.S. No. 61-0122250
1000 Ashland Drive
Russell, Kentucky 41169
Telephone Number: (606) 329-3333
Securities Registered Pursuant to Section 12(b):
Name of each exchange
Title of each class on which registered
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Common Stock, par value $1.00 per share New York Stock Exchange
and Chicago Stock Exchange
Rights to Purchase Series A Participating New York Stock Exchange
Cumulative Preferred Stock and Chicago Stock Exchange
$3.125 Cumulative Convertible Preferred Stock New York Stock Exchange
6 3/4% Convertible Subordinated Debentures, New York Stock Exchange
due 2014
Securities Registered Pursuant to Section 12(g): None
Indicate by check mark whether the Registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the Securities
Exchange Act of 1934 during the preceding 12 months (or for such shorter
period that the Registrant was required to file such reports), and (2) has
been subject to such filing requirements for the past 90 days. Yes __X__
No ___
Indicate by check mark if disclosure of delinquent filers pursuant to
Item 405 of Regulation S-K is not contained herein, and will not be
contained, to the best of Registrant's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form
10-K or any amendment to this Form 10-K. [ ]
At October 31, 1996, based on the New York Stock Exchange closing
price, the aggregate market value of voting stock held by non-affiliates of
the Registrant was approximately $2,595,905,440. In determining this
amount, Ashland Inc. has assumed that directors, certain of its executive
officers, and persons known to it to be the beneficial owners of more than
five percent of its common stock are affiliates. Such assumption shall not
be deemed conclusive for any other purpose.
At October 31, 1996, there were 64,599,228 shares of Registrant's
common stock outstanding.
Documents Incorporated by Reference
Portions of Registrant's Annual Report to Shareholders for the fiscal
year ended September 30, 1996 are incorporated by reference into Parts I
and II.
Portions of Registrant's definitive Proxy Statement for its January
30, 1997 Annual Meeting of Shareholders are incorporated by reference into
Part III.
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EXPLANATORY NOTE
This Amendment to the report on Form 10-K for the fiscal year
ended September 30, 1996, of Ashland Inc. ("Ashland") is being filed by
Ashland to amend Ashland's Exhibit 27 - Financial Data Schedule.
Pursuant to Rule 12b-15 under the Securities Exchange Act of 1934,
as amended, the text of the amendment is set forth in its entirety as
attached hereto.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.
Ashland Inc.
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(Registrant)
/s/ Thomas L. Feazell
Date November 25, 1997 -----------------------------------
Thomas L. Feazell
Senior Vice President,
General Counsel and Secretary
EXHIBIT INDEX
Exhibit
No. Description
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27 Restated Financial Data Schedule for the year ended September 30,
1996