VALHI INC /DE/ — Director's Dealing 2008

Sep 4, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALHI INC /DE/ (VHI)
CIK: 0000059255
Period of Report: 2008-08-29

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
2008-08-29	Common stock, $0.01 par value per share	J	28	$18.05	Acquired	64828	Indirect
2008-08-29	Common stock, $0.01 par value per share	J	100	$18.06	Acquired	64928	Indirect
2008-08-29	Common stock, $0.01 par value per share	J	200	$18.10	Acquired	65128	Indirect
2008-08-29	Common stock, $0.01 par value per share	J	300	$18.245	Acquired	65428	Indirect
2008-08-29	Common stock, $0.01 par value per share	J	300	$18.15	Acquired	65728	Indirect
2008-08-29	Common stock, $0.01 par value per share	J	1100	$18.21	Acquired	66828	Indirect
2008-08-29	Common stock, $0.01 par value per share	J	700	$18.24	Acquired	67528	Indirect
2008-08-29	Common stock, $0.01 par value per share	J	13472	$18.25	Acquired	81000	Indirect
2008-08-29	Common stock, $0.01 par value per share	J	300	$18.20	Acquired	81300	Indirect
2008-08-29	Common stock, $0.01 par value per share	J	900	$18.30	Acquired	82200	Indirect
2008-08-29	Common stock, $0.01 par value per share	J	800	$18.40	Acquired	83000	Indirect
2008-08-29	Common stock, $0.01 par value per share	J	2900	$18.45	Acquired	85900	Indirect
2008-09-02	Common stock, $0.01 par value per share	J	5000	$18.00	Acquired	90900	Indirect
2008-09-02	Common stock, $0.01 par value per share	J	100	$17.71	Acquired	91000	Indirect
2008-09-02	Common stock, $0.01 par value per share	J	200	$17.73	Acquired	91200	Indirect
2008-09-02	Common stock, $0.01 par value per share	J	100	$17.74	Acquired	91300	Indirect
2008-09-02	Common stock, $0.01 par value per share	J	4600	$17.75	Acquired	95900	Indirect
2008-09-03	Common stock, $0.01 par value per share	J	5000	$17.00	Acquired	100900	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common stock, $0.01 par value per share	3383	Direct
Common stock, $0.01 par value per share	105140163	Indirect
Common stock, $0.01 par value per share	1252943	Indirect

Footnotes

F1: Open market purchase by the reporting person's spouse.

F2: Directly held by the reporting person's spouse. The reporting person disclaims beneficial ownership of these shares.

F3: 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.

F4: 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.