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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 QUARTERLY DIVIDEND



         DALLAS,  TEXAS . . . August  31,  2005 . . . Valhi,  Inc.  (NYSE:  VHI)
announced  today that its board of directors  has  declared a regular  quarterly
dividend  of ten  cents  ($0.10)  per  share on its  common  stock,  payable  on
September  30,  2005 to  stockholders  of  record at the  close of  business  on
September 13, 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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