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                                  PRESS RELEASE

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FOR IMMEDIATE RELEASE:                CONTACT:

VALHI, INC.                           Bobby D. O'Brien
Three Lincoln Centre                  Vice President and Chief Financial Officer
5430 LBJ Freeway, Suite 1700          (972) 233-1700
Dallas, Texas 75240-2697
(972) 233-1700

                        VALHI DECLARES QUARTERLY DIVIDEND



     DALLAS,  TEXAS . . .  February  12,  2003 . . .  Valhi,  Inc.  (NYSE:  VHI)
announced  today that its board of directors  has  declared a regular  quarterly
dividend of six cents  ($0.06) per share on its common  stock,  payable on March
31, 2003 to stockholders of record at the close of business on March 24, 2003.

     Valhi, Inc. is engaged in the titanium dioxide pigments, component products
(ergonomic computer support systems,  precision ball bearing slides and security
products), titanium metals products and waste management industries.

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