VALHI INC /DE/ — Director's Dealing 2008

May 31, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALHI INC /DE/ (VHI)
CIK: 0000059255
Period of Report: 2008-05-29

Reporting Person: TUCKER WALTER J JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-05-29	Common stock, $0.01 par value per share	A	500	—	Acquired	34690	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common stock, $0.01 par value per share	200000	Indirect
Common stock, $0.01 par value per share	19035	Indirect

Footnotes

F1: Shares issued for no cash consideration to nonemployee directors under the Valhi, Inc. 1997 Long-Term Incentive Plan.

F2: The reporting person disclaims beneficial ownership of the shares of the issuer's Class A common stock that his spouse owns.

F3: Held by a corporation wholly owned by the reporting person.