VALHI INC /DE/ — Director's Dealing 2008

Nov 24, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALHI INC /DE/ (VHI)
CIK: 0000059255
Period of Report: 2008-11-20

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
2008-11-20	Common stock, $0.01 par value per share	P	5000	$10.00	Acquired	58083	Direct
2008-11-21	Common stock, $0.01 par value per share	P	200	$7.62	Acquired	58283	Direct
2008-11-21	Common stock, $0.01 par value per share	P	200	$7.65	Acquired	58483	Direct
2008-11-21	Common stock, $0.01 par value per share	P	200	$7.68	Acquired	58683	Direct
2008-11-21	Common stock, $0.01 par value per share	P	100	$7.96	Acquired	58783	Direct
2008-11-21	Common stock, $0.01 par value per share	P	100	$8.00	Acquired	58883	Direct
2008-11-21	Common stock, $0.01 par value per share	P	200	$8.50	Acquired	59083	Direct
2008-11-21	Common stock, $0.01 par value per share	P	100	$8.94	Acquired	59183	Direct
2008-11-21	Common stock, $0.01 par value per share	P	100	$8.95	Acquired	59283	Direct
2008-11-21	Common stock, $0.01 par value per share	P	439	$8.96	Acquired	59722	Direct
2008-11-21	Common stock, $0.01 par value per share	P	100	$8.97	Acquired	59822	Direct
2008-11-21	Common stock, $0.01 par value per share	P	300	$8.98	Acquired	60122	Direct
2008-11-21	Common stock, $0.01 par value per share	P	100	$8.99	Acquired	60222	Direct
2008-11-21	Common stock, $0.01 par value per share	P	100	$9.00	Acquired	60322	Direct
2008-11-21	Common stock, $0.01 par value per share	P	2629	$9.15	Acquired	62951	Direct
2008-11-21	Common stock, $0.01 par value per share	P	100	$9.09	Acquired	63051	Direct
2008-11-21	Common stock, $0.01 par value per share	P	300	$9.16	Acquired	63351	Direct
2008-11-21	Common stock, $0.01 par value per share	P	300	$9.17	Acquired	63651	Direct
2008-11-21	Common stock, $0.01 par value per share	P	800	$9.18	Acquired	64451	Direct
2008-11-21	Common stock, $0.01 par value per share	P	1000	$9.19	Acquired	65451	Direct
2008-11-21	Common stock, $0.01 par value per share	P	1000	$9.24	Acquired	66451	Direct
2008-11-21	Common stock, $0.01 par value per share	P	1432	$9.35	Acquired	67883	Direct
2008-11-21	Common stock, $0.01 par value per share	P	200	$9.42	Acquired	68083	Direct
2008-11-21	Common stock, $0.01 par value per share	P	100	$9.47	Acquired	68183	Direct
2008-11-21	Common stock, $0.01 par value per share	P	1700	$9.50	Acquired	69883	Direct
2008-11-21	Common stock, $0.01 par value per share	P	200	$9.11	Acquired	70083	Direct
2008-11-24	Common stock, $0.01 par value per share	P	5000	$10.00	Acquired	75083	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common stock, $0.01 par value per share	105140163	Indirect
Common stock, $0.01 par value per share	1252943	Indirect
Common stock, $0.01 par value per share	200900	Indirect

Footnotes

F1: 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.

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 reporting person.

F3: Directly held by the reporting person's spouse. The reporting person disclaims beneficial ownership of any shares of the issuer's common stock that his spouse holds.