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VALHI INC /DE/ Director's Dealing 2004

Sep 10, 2004

32913_dirs_2004-09-10_83f34767-de66-4a0f-beaa-dfffd73deb77.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALHI INC /DE/ (VHI)
CIK: 0000059255
Period of Report: 2004-09-09

Reporting Person: CONTRAN CORP (10% Owner)
Reporting Person: SIMMONS HAROLD C (Director, Chairman of the Board, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2004-09-09 Common stock $0.01 par value P 10000 $14.35 Acquired 4037900 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock $0.01 par value 92739554 Indirect
Common Stock $0.01 par value 10891009 Indirect
Common Stock $0.01 par value 439400 Indirect

Footnotes

F1: Directly held by Valhi Group, 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.

F2: Directly held by National City Lines, 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.

F3: Directly held by Contran Deferred Compensation Trust No. 2. See the Additional Information filed as Exhibit 99 to this
statement for a description of the relationships among the persons joining in this filing.