SCHEDULE II

                                      INFORMATION WITH RESPECT TO
                           TRANSACTIONS EFFECTED DURING THE PAST SIXTY DAYS OR
                           SINCE THE MOST RECENT FILING ON SCHEDULE 13D (1)

                                             SHARES PURCHASED        AVERAGE
                                  DATE            SOLD(-)             PRICE(2)

           COMMON STOCK-WATTS INDUSTRIES A

                    GAMCO INVESTORS, INC.
                                 4/03/02            2,000            16.1925
                                 4/02/02            2,000            16.1089
                                 4/01/02            1,500-             *DO
                                 4/01/02            6,300            16.5940
                                 4/01/02            1,200-           16.7167
                                 4/01/02            1,000-           16.4530
                                 3/28/02           10,000            16.8265
                                 3/28/02            1,500-           16.5167
                                 3/27/02            2,000            16.5050
                                 3/27/02            1,000            16.6400
                                 3/27/02            1,000            16.5000
                                 3/26/02            1,000            16.4967
                                 3/26/02            3,000            16.5147
                                 3/26/02              500            16.5000
                                 3/26/02            4,000            16.4975
                                 3/26/02            5,000            16.4967
                                 3/25/02            5,000            16.5792
                                 3/25/02            1,800            16.6400
                                 3/25/02            1,000-           16.4100
                                 3/22/02            1,000-             *DO
                                 3/18/02           10,000            17.1720
                                 3/15/02            3,300            16.9500
                                 3/14/02            1,000            17.0400
                                 3/14/02            4,000            17.0500
                                 3/13/02              300            16.9900
                                 3/12/02           10,400            16.9970
                                 3/12/02            1,500-           16.9507
                                 3/11/02           13,100            16.7382
                                 3/08/02            7,500            15.9000
                                 3/07/02           13,600            15.7471
                                 3/07/02            3,000            15.7300
                                 3/07/02            4,000            15.7500
                                 3/06/02           15,000            15.7996
                                 3/06/02           10,500            15.7214
                                 3/06/02            1,000            15.8000
                                 3/06/02            2,500            15.7100
                                 3/05/02            1,000            15.7500
                                 3/05/02            4,600            15.6265
                                 3/04/02              500            15.6700
                                 3/04/02            1,500            15.6507
                                 3/04/02            1,000            15.6200
                                 3/04/02            6,000            15.6000
                                 3/04/02            2,000            15.5400
                                 3/04/02            6,000            15.5500
                                 3/04/02           10,900            15.7053
                                 3/04/02            1,000            15.7000
                                 2/12/02              300            16.0400
                                 2/12/02              300-           16.0200
                     GABELLI FUNDS, LLC.
                         GABELLI CAPITAL ASSET FUND
                                 3/27/02            1,000            16.5580


          (1) UNLESS OTHERWISE INDICATED, ALL TRANSACTIONS WERE EFFECTED
              ON THE NYSE.

          (2) PRICE EXCLUDES COMMISSION.

          (*) RESULTS IN CHANGE OF DISPOSITIVE POWER AND BENEFICIAL OWNERSHIP.