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VALHI INC /DE/ Director's Dealing 2008

Jan 8, 2008

32913_dirs_2008-01-08_3ebb3bcf-20f2-4417-a19c-5a6593fd1e82.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALHI INC /DE/ (VHI)
CIK: 0000059255
Period of Report: 2008-01-04

Reporting Person: CONTRAN CORP (10% Owner)
Reporting Person: VALHI HOLDING CO (10% Owner)
Reporting Person: TIMET FINANCE MANAGEMENT CO (10% Owner)
Reporting Person: TITANIUM METALS CORP (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
2008-01-04 Common Stock, $0.01 par value J 37002 $14.8627 Acquired 37002 Indirect
2008-01-07 Common Stock, $0.01 par value J 56698 $14.922 Acquired 93700 Indirect
2008-01-08 Common Stock, $0.01 par value J 6300 $14.75 Acquired 100000 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 Managment Company. See the Additional Information filed as Exhibit 99 to this
statement for a description of the relationships among the persons joining in this filing.

F2: The aggregate shares purchased as reported represent the total amount of 38 separate purchases of the issuer's common stock
on January 4, 2008 by TIMET Finance Management Company. The reported purchase price is the average purchase price for these
38 purchases, which purchase prices ranged from $14.398 to $15.00 per share.

F3: Directly held by TIMET Finance Management Company. See the Additional Information filed as Exhibit 99 to this statement for
a description of the relationships among the persons joining in this filing.

F4: The aggregate shares purchased as reported represent a total of 78 separate purchases of the issuer's common stock on
January 7, 2008 by TIMET Finance Management Company. The reported purchase price is the average purchase price for these
78 purchases, which purchase prices ranged from $14.57 to $15.00 per share.

F5: Directly held by Valhi Holding Company. See the Additional Information filed as Exhibit 99 to this statement for a
description of the relationships among the persons joining in this filing.