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VALHI INC /DE/ Director's Dealing 2011

Nov 23, 2011

32913_dirs_2011-11-23_6dc2af4f-19f6-495d-8456-72fd45dc018c.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: 2011-11-23

Reporting Person: SIMMONS HAROLD C (Director, Chairman of the Board, 10% Owner)
Reporting Person: CONTRAN CORP (10% Owner)
Reporting Person: VALHI HOLDING CO (10% Owner)
Reporting Person: DIXIE RICE AGRICULTURE CORP INC (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-11-23 Common Stock, $0.01 par value per share P 663 $53.50 Acquired 2121821 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock, $0.01 par value per share 104677716 Indirect
Common Stock, $0.01 par value per share 366847 Indirect
Common Stock, $0.01 par value per share 380216 Direct
Common Stock, $0.01 par value per share 219796 Indirect
Common Stock, $0.01 par value per share 25915 Indirect

Footnotes

F1: 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.

F4: Directly held by the Contran Amended and Restated Deferred Compensation Trust. See the Additional Information filed as Exhibit 99 to this statement for a description of the relationships to the persons joining in this filing.

F5: Directly held by the reporting person's wife. Mr. Simmons disclaims beneficial ownership of any shares of the issuer's common stock that his wife holds. See the Additional Information filed as Exhibit 99 to this statement for a description of the relationships among the persons joining in this filing.

F6: Directly held by Contran Corporation. See the Additional Information filed as Exhibit 99 to this statement for a description of the relationship among the persons joining in this filing.