VALHI INC /DE/ — Director's Dealing 2008

Feb 26, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALHI INC /DE/ (VHI)
CIK: 0000059255
Period of Report: 2008-02-21

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
2008-02-21	Common stock, $0.01 par value per share	J	200	$19.44	Acquired	469581	Indirect
2008-02-21	Common stock, $0.01 par value per share	J	100	$19.46	Acquired	469681	Indirect
2008-02-21	Common stock, $0.01 par value per share	J	100	$19.49	Acquired	469781	Indirect
2008-02-21	Common stock, $0.01 par value per share	J	5000	$19.5	Acquired	474781	Indirect
2008-02-21	Common stock, $0.01 par value per share	J	600	$19.8	Acquired	475381	Indirect
2008-02-21	Common stock, $0.01 par value per share	J	200	$19.85	Acquired	475581	Indirect
2008-02-21	Common stock, $0.01 par value per share	J	100	$19.8599	Acquired	475681	Indirect
2008-02-21	Common stock, $0.01 par value per share	J	400	$19.86	Acquired	476081	Indirect
2008-02-21	Common stock, $0.01 par value per share	J	100	$19.88	Acquired	476181	Indirect
2008-02-21	Common stock, $0.01 par value per share	J	8600	$19.9	Acquired	484781	Indirect
2008-02-22	Common stock, $0.01 par value per share	J	1360	$19.25	Acquired	486141	Indirect
2008-02-22	Common stock, $0.01 par value per share	J	40	$19.4992	Acquired	486181	Indirect
2008-02-22	Common stock, $0.01 par value per share	J	5830	$19.5	Acquired	492011	Indirect
2008-02-25	Common stock, $0.01 par value per share	J	600	$19.65	Acquired	492611	Indirect
2008-02-25	Common stock, $0.01 par value per share	J	600	$19.66	Acquired	493211	Indirect
2008-02-25	Common stock, $0.01 par value per share	J	100	$19.68	Acquired	493311	Indirect
2008-02-25	Common stock, $0.01 par value per share	J	100	$19.70	Acquired	493411	Indirect
2008-02-25	Common stock, $0.01 par value per share	J	300	$19.71	Acquired	493711	Indirect
2008-02-25	Common stock, $0.01 par value per share	J	900	$19.73	Acquired	494611	Indirect
2008-02-25	Common stock, $0.01 par value per share	J	300	$19.74	Acquired	494911	Indirect
2008-02-25	Common stock, $0.01 par value per share	J	600	$19.75	Acquired	495511	Indirect
2008-02-25	Common stock, $0.01 par value per share	J	200	$19.83	Acquired	495711	Indirect
2008-02-25	Common stock, $0.01 par value per share	J	100	$19.85	Acquired	495811	Indirect
2008-02-25	Common stock, $0.01 par value per share	J	100	$19.94	Acquired	495911	Indirect
2008-02-25	Common stock, $0.01 par value per share	J	400	$20	Acquired	496311	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common stock, $0.01 par value per share	105538163	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 relationship 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 relationship 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 to the persons joining in this filing.