0000007694-02-000105 4 1 20020919 20020923

WATERS FRANK L 0001166069 OFFICER

500 DIEDERICH BLVD RUSSELL KY 41169 606 329 3823

ASHLAND INC 0000007694 5160 610122250 KY 0930

4 34 001-02918 02769786

50 E. RIVERCENTER BOULEVARD COVINGTON KY 41012 6068153333

50 E. RIVERCENTER BOULEVARD COVINGTON KY 41012

ASHLAND OIL & REFINING CO 19700806

ASHLAND OIL INC 19920703

4 1 edgar.txt FORM 4 - SEPTEMBER 19, 2002