0000007694-98-000192 4 1 19981130 19981210

ASHLAND INC 0000007694 2911 610122250 KY 0930

4 34 001-02918 98766836

1000 ASHLAND DRIVE RUSSELL KY 41169 6063293333

P O BOX 391 ASHLAND KY 41101

ASHLAND OIL INC 19920703

ASHLAND OIL & REFINING CO 19700806

FEAZELL THOMAS L 0001023537 OFFICER

PO BOX 391 ASHLAND KY 41114 6063293333

C/O ASHLAND INC 1000 ASHLAND DRIVE PO BOX 391 RUSSELL KY 41169

4 1 000000769498000192-001-seq1-4.txt FORM 4 - NOVEMBER 30, 1998