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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


                   VALHI DECLARES INCREASED QUARTERLY DIVIDEND



         DALLAS,  TEXAS . . . February 24, 2005 . . . Valhi,  Inc.  (NYSE:  VHI)
announced  today that its board of  directors  has  declared  an increase in its
regular  quarterly  dividend to ten cents ($0.10) per share on its common stock,
payable on March 31, 2005 to  stockholders of record at the close of business on
March 14, 2005.

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

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