VALHI INC /DE/ — Director's Dealing 2004

Jan 8, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KRONOS WORLDWIDE INC (kro)
CIK: 0001257640
Period of Report: 2003-01-06

Reporting Person: VALHI INC /DE/ (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-01-06	Common Stock $0.01 par value	P	5000	$21.65	Acquired	15376795	Direct
2004-01-06	Common Stock $0.01 par value	P	100	$21.7	Acquired	15376895	Direct
2004-01-06	Common Stock $0.01 par value	P	5400	$21.9	Acquired	15382295	Direct
2004-01-06	Common Stock $0.01 par value	P	300	$21.94	Acquired	15382595	Direct
2004-01-06	Common Stock $0.01 par value	P	5000	$21.95	Acquired	15387595	Direct
2004-01-06	Common Stock $0.01 par value	P	100	$21.99	Acquired	15387695	Direct
2004-01-06	Common Stock $0.01 par value	P	14500	$22	Acquired	15402195	Direct
2004-01-07	Common Stock $0.01 par value	P	800	$22.5	Acquired	15402995	Direct
2004-01-07	Common Stock $0.01 par value	P	3300	$22.48	Acquired	15406295	Direct
2004-01-07	Common Stock $0.01 par value	P	4700	$22.4	Acquired	15410995	Direct
2004-01-07	Common Stock $0.01 par value	P	1700	$22.33	Acquired	15412695	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock $0.01 par value	25047507	Indirect
Common Stock $0.01 par value	5107770	Indirect

Footnotes

F1: Directly held by NL Industries, Inc. See the Additional Information filed as an exhibit to this statement for a description of the relationship.

F2: Directly held by Tremont LLC. See the Additional information filed as an exhibit to this statement for a description of the relationship.