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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 25, 2006 . . . 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 29, 2006
to stockholders of record at the close of business on September 13, 2006.

     Valhi, Inc. is engaged in the titanium dioxide pigments, component products
(security  products,  furniture  components and performance marine  components),
titanium metals products and waste management industries.

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