8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

______________

FORM 8-K

______________

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of report (Date of earliest event reported):  March 27, 2008

ASHLAND INC.

(Exact name of registrant as specified in its charter)

Kentucky

(State or other jurisdiction of incorporation)

1-32532	20-0865835
(Commission File Number)	(I.R.S. Employer Identification No.)

50 E. RiverCenter Boulevard, Covington, Kentucky  41011

(Address of principal executive offices)   (Zip Code)

P.O. Box 391, Covington, Kentucky  41012-0391

(Mailing Address)   (Zip Code)

Registrant’s telephone number, including area code (859) 815-3333

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[  ]   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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Item 7.01.  Regulation FD Disclosure

 On March 27, 2008, Ashland Inc. will include the information contained in exhibit 99.1, and graphic images thereof, on the “Investor Center” section of its website located at www.ashland.com.

 Ashland is furnishing the information pursuant to the Securities and Exchange Commission’s (“SEC”) Regulation FD. The information contained in exhibit 99.1 is summary information concerning certain working capital components, expressed in amount and as a percentage of annualized sales for Ashland on a monthly basis from October 2006 through February 2008 as used for internal measurement purposes.  The information is intended to be considered in the context of Ashland’s SEC filings and other public announcements that Ashland may make from time to time.

 By filing this report on Form 8-K, Ashland makes no admission as to the materiality of any information in this report. Ashland reserves the right to discontinue the availability of the data in the attached exhibits.

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Item 9.01.  Financial Statements and Exhibits

(d)  Exhibits

99.1  Website data concerning Ashland Inc.'s monthly working capital

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 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.

(Registrant)

March 27, 2008	/s/ David L. Hausrath
	David L. Hausrath
	Senior Vice President
	and General Counsel

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EXHIBIT INDEX

99.1    Website data concerning Ashland Inc.'s monthly working capital.

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EX-99.1

Exhibit 99.1

(Text of graph posted to Ashland Inc.'s website concerning trade working capital)

Operating Segment Trade Working Capital % of Annualized Sales *
Monthly Actual
	2006	2007	2008
January		16.2%	16.2%
February		16.8%	15.9%
March		15.3%
April		15.9%
May		15.5%
June		15.3%
July		16.0%
August		15.3%
September		15.3%
October	13.6%	15.2%
November	14.6%	15.8%
December	15.5%	16.6%
* NOTE:  Selected Working Capital Components - February 29, 2008
Unaudited Data
($, millions)	Operating Segments (a)	Other Components	Total
Accounts receivable (b)	1,407	82	1,489
Inventories (c)	725	(173)	552
(Less) Trade and other payables	(912)	(186)	(1,098)
Net	1,220	(277)	943
(a)  Represents amounts considered in 2008 internal perfomance metrics applicable to most employee.
(b)  Accounts receivable is shown net of allowances for doubtful accounts.
(c)  Operating segment amount excludes LIFO reserve, which is presented under Other Components.