It appears this discussion has been ongoing for years. A quick search directed me to a dpreview page back in 2012. The following is the link:
LBA post - SMC-A* 300mm f4: Pentax SLR Talk Forum: Digital Photography Review
In the thread, an individual posted the following:
"I found this out (about the ED glass in the A* 300/4 and M* 300/4) because a fellow Dutch Pentaxian has scanned lots of Pentax dealer information (provided by the Duth Pentax importer to dealers):
http://fockert.xs4all.nl/~pentax/catalog/05_Objectieven_Filters_Adapters.pdf
Now scroll down to the M* and A* 300/4. In the description of both lenses is mentioned that "low dispersion optical glass" is used. In the case of the A* "ED" is even part of the name."
But perhaps this is the best explanation, posted by another individual:
"Although I have never read anywhere of the A*300/4 having low dispersion glass, I just now read in another of my booklets dated 9/83 that the M*300/4 has low dispersion glass. Now, since the dates of production of the M*300/4 was 1981-1984 and the A*300/4 dates of production was 1984-1989, it is reasonable to assume that the A*300/4 also had low dispersion glass.
Now, that just leaves us with the definition of ED glass which is, in fact, EXTRA low dispersion. So, the M*300/4 and the A*300/4 do not have ED (extra low dispersion) glass, but they do have low dispersion glass."