VALHI INC /DE/ — Director's Dealing 2008

Nov 3, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALHI INC /DE/ (VHI)
CIK: 0000059255
Period of Report: 2008-10-30

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
2008-10-30	Common stock, $0.01 par value per share	P	100	$8.19	Acquired	4483	Direct
2008-10-30	Common stock, $0.01 par value per share	P	500	$8.20	Acquired	4983	Direct
2008-10-30	Common stock, $0.01 par value per share	P	4100	$8.58	Acquired	9083	Direct
2008-10-31	Common stock, $0.01 par value per share	P	500	$11.00	Acquired	9583	Direct
2008-11-03	Common stock, $0.01 par value per share	P	5000	$13.75	Acquired	14583	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common stock, $0.01 par value per share	105140163	Indirect
Common stock, $0.01 par value per share	1252943	Indirect
Common stock, $0.01 par value per share	200900	Indirect

Footnotes

F1: Directly held by Valhi Holding Company. See the Additional Information filed as Exhibit 99 to this statement for a description of the relationship to the reporting person.

F2: Directly held by TIMET Finance Management Company. See the Additional Information filed as Exhibit 99 to this statement for a description of the relationship to the reporting person.

F3: Directly held by the reporting person's spouse. The reporting person disclaims beneficial ownership of any shares of the issuer's common stock that his spouse holds.