EX-99.12 13 ex9912.htm VALVOLINE GROSS PROFIT ex9912.htm
Exhibit 99.12
(Text of graph posted to Ashland Inc.'s website concerning
 Valvoline's gross profit)
3 Month Rolling Average (%)
       
 
2002
2003
2004
2005
2006
2007
January
26.4
26.6
27.5
26.7
21.4
24.5
February
27.3
26.8
27.4
27.4
21.6
25.1
March
28.9
27.2
27.7
28.3
22.0
25.6
April
30.0
26.8
28.3
28.8
21.4
25.1
May
30.1
27.7
28.5
28.1
20.4
25.3
June
29.5
28.5
28.7
25.9
20.2
25.1
July
29.4
29.7
29.1
25.4
19.6
 25.9
August
29.4
29.8
29.6
25.6
19.0
 25.5
September
30.3
28.7
28.5
25.4
16.0
 24.6
October
29.0
28.1
27.7
24.5
17.9
 24.3
November
28.2
27.5
26.4
23.0
19.7
24.6
December
26.1
28.3
26.8
22.1
23.8
 
 
 

12 Month Rolling Average (%)
       
 
2002
2003
2004
2005
2006
2007
January
27.7
28.8
28.1
28.0
25.1
20.7
February
27.8
28.7
28.1
28.0
24.7
21.0
March
27.7
28.3
28.3
28.1
23.9
21.4
April
27.8
28.0
28.4
28.1
23.2
21.7
May
28.0
28.0
28.3
27.9
22.6
22.3
June
28.0
28.1
28.3
27.4
22.4
22.6
July
28.2
28.1
28.3
27.2
21.7
 23.3
August
28.3
28.2
28.3
26.9
20.9
23.9
September
28.6
27.7
28.3
26.6
19.9
 24.8
October
28.8
27.8
28.2
26.4
20.0
 25.0
November
28.8
28.0
28.0
26.0
20.1
25.1
December
28.8
28.2
27.9
25.5
20.4