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FEC FORM 1

STATEMENT OF ORGANIZATION

FILING FEC-86584

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1. ASHLAND INC. POLITICAL ACTION COMMITTEE FOR EMPLOYEES ('PACE')

    50 E. RIVERCENTER BOULEVARD
    P. O. BOX 391
    COVINGTON, KY 410120391

2. Date: 06/02/2003

3. FEC Committee ID #: C00075994 This committee is a Separate Segregated Fund

Affiliated Committees/Organizations

ASHLAND INC.
50 E. RIVERCENTER BOULEVARD
P.O. BOX 391
COVINGTON, Kentucky 410120391
Relationship: CONNECTED ORGANIZATION
Organization Type: Corporation

Custodian of Records:

REBECCA L. GUMM
500 DIEDERICH BOULEVARD
RUSSELL, KY 41169
Title: TREASURER
Phone # (606) 329-3541

Treasurer:

REBECCA L. GUMM
500 DIEDERICH BOULEVARD
RUSSELL, Kentucky 41169
Title: TREASURER
Phone # (606) 329-3541

Designated Agent(s):

PHILLIP W. BROOKS
900 ASHWOOD PARKWAY
SUITE 700
ATLANTA, Georgia 303384780
Title: ASSISTANT TREASURER
Phone # (770) 392-5391

BRIAN D. MENSHOUSE
500 DIEDERICH BLVD.
RUSSELL, Kentucky 41169
Title: ASST. TREASURER
Phone # (606) 329-4190

STEPHANIE B. STITT
500 DIEDERICH BLVD.
RUSSELL, Kentucky 41169
Title: ASST. TREASURER
Phone # (606) 329-3926

SHANNON M. RUSSELL
601 PENNSYLVANIA AVENUE NW
SUITE 725 NORTH BUILDING
WASHINGTON, DC 20004
Title: ASST. TREASURER
Phone # (202) 223-8290

Banks or Depositories

PEOPLES BANK
900 DIEDERICH BLVD.
RUSSELL, Kentucky 41169

Signed: REBECCA L. GUMM
Date Signed: 06/10/2003

(End FEC FORM 1)

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