Valvoline also has a stake in the growing quick-lube
market with its Valvoline Instant Oil Change unit.


Robert Koney, senior vice-
president and chief financial officer , and Roger Holliday, Vice President of
investor relations, will provide an overview of the Company 's products,
operations and financial highlights.

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, in a
cash transaction.
Valvoline, a division of Ashland Inc. Car Brite
products are sold worldwide through an exclusive distributor network that
includes more than 100 U.

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(Logo: http://www.
"Car Brite is a premium brand that has earned a great reputation with auto
and recreational vehicle dealerships, auto auctions, detail shops and car
washes," says Samuel J.ashland. "We have a deep
commitment to women's sports, as demonstrated by several of our
leading product lines, including Worth softball, deBeer lacrosse and
the K2 T-Nine(R) ski series designed exclusively for women. In 1979, Meyers became the only
woman to sign as a free agent to an NBA team, the Indiana Pacers.

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"This acquisition will
help Valvoline expand its customer base and help us achieve our aggressive
growth plans," he says. Best known for its lubricants , Valvoline also markets
Eagle One(R) appearance products, Zerex(R) antifreeze, SynPower(R) performance
products, Pyroil(R) automotive chemicals and MaxLife(R) products created for
higher-mileage engines . Find more information
at http://www.

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newscom. The Company's common stock is listed on the New
York Stock Exchange under the symbol RML and its website address
is http://www.

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The company cautions that the foregoing list of important
factors is not exclusive, any forward-looking statements included in
this news release are made as of the date of this news release, and
the company does not undertake to update any forward-looking
statement.m.

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carbrite.

Business Editors/Sports Editors

CARLSBAD , Calif.
"Ann brings a highly unique perspective to K2 as both an athlete
and a professional spokeswoman for several major sports," said Richard
J.

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com ."
Meyers was a four-time All-American in women 's basketball at UCLA,
and led the team to the 1978 AIAW Championship.
(Logo: http://www.

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About Ashland and Valvoline
Ashland Inc. Car Brite is based in Indianapolis
where it also maintains a state-of-the-art manufacturing complex.S. Prior to commencing a career
in broadcasting , Meyers had a distinguished record as a college and
professional athlete.russellcorp.russellcorp .

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The purchase price was not disclosed. Find more information at http://www. K2's
diversified mix of products is used primarily in team and individual
sports activities such as baseball, softball , fishing, paintball,
watersports activities, alpine skiing, snowboarding, in-line skating
and mountain biking. Among K2's other branded products are Planet
Earth(R) apparel, Adio(R) and Hawk (R) skateboard shoes, Tubbs(R) and
Atlas(R) snowshoes, JT(R) and Worr Games(R) paintball products and
Dana Design(R) backpacks.

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distributors and other distributors around the
world. Ann's
background and insights will be extremely beneficial as we expand our
presence in women's sports.

Russell Corporation Announces Participation in the 2005 Wachovia Securities Consumer Growth Conference

eastern time .

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(NYSE: ASH), has signed an agreement to purchase Car Brite, a
leading marketer of products for the U. professional automotive
reconditioning industry, from E + A Industries of Indianapolis, Ind.newscom . or its subsidiaries
in the United States or other countries.

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The presentation will be webcast on our
investor relations' web site at http://www.com/cgi-bin/prnh/20030630/RMLCORPLOGO )

About Russell Corporation
Russell Corporation is a leading branded athletic and sporting goods
company with over a century of success in marketing athletic uniforms, apparel
and equipment for a wide variety of sports, outdoor and fitness activities.

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LEXINGTON, Ky.valvoline.
In 1977, Car Brite was purchased by a group of investors who increased the
company's broad range of premium quality products nationally and
internationally by providing automotive reconditioning premium products and
services. Car Brite serves customers in auto + RV dealerships, auto auctions,
car washes and detail shops worldwide. ATLANTA, Russell Corporation (NYSE: RML)
announced today that it is scheduled to participate in the Wachovia Securities
Consumer Growth Conference at The Ritz-Carlton in Key Biscayne , FL on Friday,
February 18, 2005 at 8:30 a.
The Company's major brands include Russell Athletic (R), JERZEES(R),
Spalding(R) and Brooks(R).

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"Distributors of Car Brite products will have
a much greater opportunity to grow because of the strong brands and marketing
power that Valvoline brings to the table," he says.com

About Car Brite
Car Brite was founded in 1947 as a formulator of specialty chemical
products and successfully served the Indiana automotive market for 30 years . Visit http://www.----K2 Inc. Since 1983, Meyers has served as a broadcaster
for the major sports networks, covering a variety of events, including
men's and women's NCAA basketball, softball and volleyball games, and
the 1984, 2000 and 2004 Summer Olympics.


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is a premier, branded consumer products company with a
portfolio of leading brands, including Rawlings(R), Worth(R),
Shakespeare (R), Pflueger(R), Brass Eagle(R), Stearns(R), K2(R),
Volkl(R), Ride(R), Marmot(R), Ex Officio(R) and Marker(R).com .

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Car Brite President John Campbell says the sale will benefit both
businesses and their customers.com to learn more about the business.

About K2 Inc.

K2 Inc.

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Ashland 's Valvoline Division Agrees To Purchase Car Brite

, Valvoline, a division of
Ashland Inc. She was a member of
the 1976 Olympic team, and in 1978 was the first player drafted in the
Women's Professional Basketball League, and was MVP of the league in
1979-80 with the New Jersey Gems.

Safe Harbor Statement

This news release includes forward-looking statements.


com .

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K2 Inc. Announces Election of Ann Meyers to Its Board of Directors


(NYSE:KTO), a leading consumer products company, announced today that
Ann Meyers has been elected to K2's board of directors effective
February 11th, 2005.

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, has been serving American motorists
longer than any other motor oil company and is a leading innovator and
supplier of quality, high-performing automotive and industrial products in
more than 100 countries. Heckmann, Chairman and Chief Executive Officer.

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S.com/cgi-bin/prnh/20040113 /ASHLANDLOGO )
Car Brite's products - a broad array of interior and exterior cleaners,
paint restorers and protectants and final detail dressings, paints and dyes -
are sold through a dedicated network of more than 100 distributors. Mitchell, Valvoline president.

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Rawlings(R), Worth(R), Shakespeare(R), Pflueger(R), Brass
Eagle(R), Stearns(R), K2(R), Volkl(R), Ride(R), Marmot(R), Ex
Officio(R), Marker(R), Planet Earth(R), Adio(R), Hawk(R) skateboard
shoes, Tubbs(R), Atlas(R) , JT(R), Worr Games(R) and Dana Designs(R)
are trademarks or registered trademarks of K2 Inc.

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(NYSE: ASH) is a Fortune 500 transportation construction,
chemicals and petroleum company providing services and customer solutions
throughout the world. She
is a member of the National Basketball Hall of Fame, the Women's
Sports Hall of Fame, and the first woman to be inducted into the UCLA
Hall of Fame.

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K2 cautions
that these statements are qualified by important factors that could
cause actual results to differ materially from those in the
forward-looking statements, including but not limited to K2's ability
to successfully execute its acquisition plans and growth strategy,
integration of a number of acquired businesses, weather conditions,
consumer spending, continued success of manufacturing in China, global
economic conditions, product demand, financial market performance and
other risks described in the company's most recent annual report on
Form 10-K, subsequent quarterly reports on Form 10-Q and current
reports on Form 8-K, each as filed with the Securities and Exchange
Commission .

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