VALHI INC /DE/ — Director's Dealing 2005

Mar 1, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALHI INC /DE/ (VHI)
CIK: 0000059255
Period of Report: 2005-02-25

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
2005-02-25	Common stock, $0.01 par value per share	P	5700	$15.53	Acquired	4352100	Direct
2005-02-25	Common stock, $0.01 par value per share	P	300	$15.5	Acquired	4352400	Direct
2005-02-25	Common stock, $0.01 par value per share	P	200	$15.45	Acquired	4352600	Direct
2005-02-25	Common stock, $0.01 par value per share	P	500	$15.43	Acquired	4353100	Direct
2005-02-25	Common stock, $0.01 par value per share	P	200	$15.42	Acquired	4353300	Direct
2005-02-25	Common stock, $0.01 par value per share	P	100	$15.4	Acquired	4353400	Direct
2005-02-25	Common stock, $0.01 par value per share	P	200	$15.38	Acquired	4353600	Direct
2005-02-25	Common stock, $0.01 par value per share	P	100	$15.37	Acquired	4353700	Direct
2005-02-25	Common stock, $0.01 par value per share	P	11100	$14.95	Acquired	4364800	Direct
2005-02-25	Common stock, $0.01 par value per share	P	1900	$14.94	Acquired	4366700	Direct
2005-02-25	Common stock, $0.01 par value per share	P	2800	$14.93	Acquired	4369500	Direct
2005-02-25	Common stock, $0.01 par value per share	P	100	$14.91	Acquired	4369600	Direct
2005-02-25	Common stock, $0.01 par value per share	P	100	$14.9	Acquired	4369700	Direct
2005-02-25	Common stock, $0.01 par value per share	P	200	$14.89	Acquired	4369900	Direct
2005-02-25	Common stock, $0.01 par value per share	P	500	$14.86	Acquired	4370400	Direct
2005-02-28	Common stock, $0.01 par value per share	P	6000	$15.5	Acquired	4376400	Direct

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

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 the 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.