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 gross profit)
 
3 Month Rolling Average (%)
         
             
 
2003
2004
2005
2006
2007
2008
January
26.6
27.5
26.7
21.4
24.5
24.2
February
26.8
27.4
27.4
21.6
25.1
24.0
March
27.2
27.7
28.3
22.0
25.6
24.4
April
26.8
28.3
28.8
21.4
25.1
24.6
May
27.7
28.5
28.1
20.4
25.3
24.6
June
28.5
28.7
25.9
20.2
25.1
 
July
29.7
29.1
25.4
19.6
 25.9
 
August
29.8
29.6
25.6
19.0
 25.5
 
September
28.7
28.5
25.4
16.0
 24.6
 
October
28.1
27.7
24.5
17.9
 24.3
 
November
27.5
26.4
23.0
19.7
24.6
 
December
28.3
26.8
22.1
23.8
 24.7
 
 

12 Month Rolling Average (%)
         
             
 
2003
2004
2005
2006
2007
2008
January
28.8
28.1
28.0
25.1
20.7
24.9
February
28.7
28.1
28.0
24.7
21.0
24.9
March
28.3
28.3
28.1
23.9
21.4
24.7
April
28.0
28.4
28.1
23.2
21.7
 24.8
May
28.0
28.3
27.9
22.6
22.3
24.7
June
28.1
28.3
27.4
22.4
22.6
 
July
28.1
28.3
27.2
21.7
 23.3
 
August
28.2
28.3
26.9
20.9
23.9
 
September
27.7
28.3
26.6
19.9
 24.8
 
October
27.8
28.2
26.4
20.0
 25.0
 
November
28.0
28.0
26.0
20.1
25.1
 
December
28.2
27.9
25.5
20.4
 25.0