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VALHI INC /DE/ Director's Dealing 2006

Nov 21, 2006

32913_dirs_2006-11-21_a4a1c0ae-09c9-4af9-8d0b-4bca38518072.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: VALHI INC /DE/ (VHI)
CIK: 0000059255
Period of Report: 2006-11-21

Reporting Person: CONTRAN CORP (10% Owner)
Reporting Person: VALHI HOLDING CO (10% Owner)
Reporting Person: VALHI GROUP INC (10% Owner)
Reporting Person: DIXIE HOLDING CO (10% Owner)
Reporting Person: DIXIE RICE AGRICULTURE CORP INC (10% Owner)
Reporting Person: NATIONAL CITY LINES INC (10% Owner)
Reporting Person: NOA INC (10% Owner)
Reporting Person: SOUTHWEST LOUISIANA LAND CO INC (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
2006-11-21 Common stock, $0.01 par value per share J 1000000 $23.50 Disposed 105098763 Indirect

Footnotes

F1: On November 1, 2006, the issuer, Valhi, Inc. ("Valhi"), purchased (the "Stock Purchase"), one million shares of the common
stock, par value $0.01 per share (the "Common Stock"), from Valhi Holding Co., for $23.50 per share.

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