Atticus Capital Delivers Letter of Concern to the Board of Directors of Ashland, Inc.

Business Wire (March 08, 2005)


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Extract:

Atticus Capital Delivers Letter of Concern to the Board of Directors of Ashland, Inc.

NEW YORK -- The following letter was delivered today by Atticus Capital LLC to The Board of Directors of Ashland, Inc.:

ATTICUS CAPITAL LLC

152 West 57th Street

New York, NY 10019

Tel: (212) 373-0800

Fax: (212) 373-0801

March 8, 2005

BY FACSIMILE & FEDEX

The Board of Directors

Ashland Inc.

50 E. River Center Boulevard

Covington, KY 41012-0391

Dear Directors:

Atticus Capital, L.L.C. ("Atticus") is an investment management firm with assets under management exceeding $5 Billion. Our por...



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