VALHI INC /DE/ — Director's Dealing 2008

Aug 7, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALHI INC /DE/ (VHI)
CIK: 0000059255
Period of Report: 2008-08-04

Reporting Person: CONTRAN CORP (10% Owner)
Reporting Person: VALHI HOLDING CO (10% Owner)
Reporting Person: DIXIE RICE AGRICULTURE CORP 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
2008-08-04	Common stock, $0.01 par value per share	J	200	$21.58	Acquired	1136143	Indirect
2008-08-04	Common stock, $0.01 par value per share	J	300	$21.60	Acquired	1136443	Indirect
2008-08-04	Common stock, $0.01 par value per share	J	5200	$21.50	Acquired	1141643	Indirect
2008-08-04	Common stock, $0.01 par value per share	J	4300	$21.65	Acquired	1145943	Indirect
2008-08-05	Common stock, $0.01 par value per share	J	100	$21.16	Acquired	1146043	Indirect
2008-08-05	Common stock, $0.01 par value per share	J	700	$21.31	Acquired	1146743	Indirect
2008-08-05	Common stock, $0.01 par value per share	J	300	$21.3072	Acquired	1147043	Indirect
2008-08-05	Common stock, $0.01 par value per share	J	1000	$21.36	Acquired	1148043	Indirect
2008-08-05	Common stock, $0.01 par value per share	J	200	$21.40	Acquired	1148243	Indirect
2008-08-05	Common stock, $0.01 par value per share	J	5000	$21.25	Acquired	1153243	Indirect
2008-08-05	Common stock, $0.01 par value per share	J	5100	$21.00	Acquired	1158343	Indirect
2008-08-05	Common stock, $0.01 par value per share	J	300	$21.22	Acquired	1158643	Indirect
2008-08-06	Common stock, $0.01 par value per share	J	500	$21.49	Acquired	1159143	Indirect
2008-08-06	Common stock, $0.01 par value per share	J	500	$21.48	Acquired	1159643	Indirect
2008-08-06	Common stock, $0.01 par value per share	J	5000	$21.50	Acquired	1164643	Indirect

Holdings (Non-Derivative)

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

Footnotes

F1: Open market purchase by TIMET Finance Management Company. See the Additional Information filed as Exhibit 99 to this statement for a description of the relationships to the persons joining in this filing.

F2: Directly held by TIMET Finance Management Company. See the Additional Information filed as Exhibit 99 to this statement for a description of the relationships to the persons joining in this filing.

F3: Directly held by Valhi Holding Company. See the Additional Information filed as Exhibit 99 to this statement for a description of the relationship among the persons joining in this filing.