VALHI INC /DE/ — Director's Dealing 2006

May 9, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALHI INC /DE/ (VHI)
CIK: 0000059255
Period of Report: 2006-05-05

Reporting Person: SIMMONS GLENN R (Director, Vice Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-05-05	Common stock, $0.01 par value per share	P	400	$21.2	Acquired	11847	Direct
2006-05-05	Common stock, $0.01 par value per share	P	400	$21.5	Acquired	12247	Direct
2006-05-05	Common stock, $0.01 par value per share	P	800	$21.6	Acquired	13047	Direct
2006-05-05	Common stock, $0.01 par value per share	P	1300	$21.61	Acquired	14347	Direct
2006-05-05	Common stock, $0.01 par value per share	P	2100	$21.7	Acquired	16447	Direct
2006-05-05	Common stock, $0.01 par value per share	P	2000	$21.71	Acquired	18447	Direct
2006-05-05	Common stock, $0.01 par value per share	P	200	$21.72	Acquired	18647	Direct
2006-05-05	Common stock, $0.01 par value per share	P	1100	$21.75	Acquired	19747	Direct
2006-05-05	Common stock, $0.01 par value per share	P	300	$21.76	Acquired	20047	Direct
2006-05-05	Common stock, $0.01 par value per share	P	1000	$21.78	Acquired	21047	Direct
2006-05-05	Common stock, $0.01 par value per share	P	200	$21.79	Acquired	21247	Direct
2006-05-05	Common stock, $0.01 par value per share	P	200	$21.83	Acquired	21447	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common stock, $0.01 par value per share	800	Indirect

Footnotes

F1: Mr. Simmons disclaims beneficial ownership of these shares.