NL INDUSTRIES INC — Director's Dealing 2005

Sep 8, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KEYSTONE CONSOLIDATED INDUSTRIES INC (KESNQ.OB)
CIK: 0000055604
Period of Report: 2005-08-31

Reporting Person: SIMMONS HAROLD C (10% Owner)
Reporting Person: VALHI INC /DE/ (10% Owner)
Reporting Person: NL INDUSTRIES INC (10% Owner)
Reporting Person: CONTRAN CORP (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-08-31	Common par value $1.00 per share	J	4109159	—	Disposed	0	Indirect
2005-08-31	Common par value $1.00 per share	J	326364	—	Disposed	0	Indirect
2005-08-31	Common par value $1.00 per share	J	326050	—	Disposed	0	Indirect
2005-08-31	Common par value $1.00 per share	J	10645	—	Disposed	0	Indirect
2005-08-31	Common par value $0.01 per share	J	5100000	—	Acquired	5100000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-08-31	Series A 10% Cumulative Convertible Pay-in-Kind Pref. Stock	$4	J	54956	Disposed		Common Stock $1.00 par value (13739000)	Indirect

Footnotes

F1: See the Additional Information filed as Exhibit 99 to this statement for a description of this transaction.

F2: Directly held by Contran Corporation. See the Additional Information filed as Exhibit 99 to this statement for a description
of the relationships among the persons joining in this filing.

F3: Directly held by Valhi, Inc. See the Additional Information filed as Exhibit 99 to this statement for a description
of the relationships among the persons joining in this filing.

F4: Directly held by NL Industries, Inc. See the Additional Information filed as Exhibit 99 to this statement for a description
of the relationships among the persons joining in this filing.

F5: There is no expiration date.