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                                  PRESS RELEASE

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

                      VALHI DECLARES QUARTERLY DIVIDEND AND
                 ANNOUNCES RESULTS OF ANNUAL STOCKHOLDER MEETING


     DALLAS,  TEXAS . . . May 25, 2006 . . . Valhi,  Inc. (NYSE:  VHI) announced
today that its board of directors has declared a regular  quarterly  dividend of
ten  cents  per  share  on its  common  stock,  payable  on  June  30,  2006  to
stockholders of record at the close of business on June 9, 2006.

     Valhi also announced that its stockholders had re-elected each of its seven
directors  for terms of one year at the annual  stockholder  meeting held today.
Valhi's  directors are: Thomas E. Barry,  Norman S. Edelcup,  W. Hayden McIlroy,
Glenn R. Simmons, Harold C. Simmons, J. Walter Tucker, Jr. and Steven L. Watson.

     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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