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VALHI INC /DE/ Director's Dealing 2004

Jun 23, 2004

32913_dirs_2004-06-23_2cd8adc0-50c2-4e4d-9675-ab0d21ece1b5.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: 2004-06-21

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
2004-06-21 Common stock, $0.01 par value per share J 2000 $10.46 Acquired 22000 Indirect
2004-06-21 Common stock, $0.01 par value per share J 35500 $10.5 Acquired 3738700 Indirect
2004-06-22 Common stock, $0.01 par value per share J 19700 $10.19 Acquired 41700 Indirect
2004-06-23 Common stock, $0.01 par value per share J 1700 $10.41 Acquired 43400 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common stock, $0.01 par value per share 92739554 Indirect
Common stock, $0.01 par value per share 10891009 Indirect
Common stock, $0.01 par value per share 439400 Indirect
Common stock, $0.01 par value per share 3383 Direct

Footnotes

F1: Open market purchase by Reporting Person's spouse. See the Additional Information filed as an exhibit to this statement for a
description of the relationships among the persons joining in this filing.

F2: Mr. Simmons disclaims beneficial ownership of these shares.

F3: Open market purchase by Contran Corporation. See the Additional Information filed as an exhibit to this statement for a
description of the relationships among the persons joining in this filing.

F4: Directly held by Contran Corporation. See the Additional Information filed as an exhibit to this statement for a description
of the relationships among the persons joining in this filing.

F5: Directly held by Valhi Group, Inc. See the Additional Information filed as an exhibit to this statement for a description of
the relationships among the persons joining in this filing.

F6: Directly held by National City Lines, Inc. See the Additional Information filed as an exhibit to this statement for a
description of the relationships among the persons joining in this filing.

F7: Directly held by Contran Deferred Compensation Trust No. 2. See the Additional Information filed as an exhibit to this
statement for a description of the relationships among the persons joining in this filing.