-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
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 7f9mh2SbjDG2sdnEIRe+bQ==

<SEC-DOCUMENT>0001171520-03-000163.txt : 20030613
<SEC-HEADER>0001171520-03-000163.hdr.sgml : 20030613
<ACCEPTANCE-DATETIME>20030613164051
ACCESSION NUMBER:		0001171520-03-000163
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030612
FILED AS OF DATE:		20030613

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			WATTS INDUSTRIES INC
		CENTRAL INDEX KEY:			0000795403
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS FABRICATED METAL PRODUCTS [3490]
		IRS NUMBER:				042916536
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0630

	BUSINESS ADDRESS:	
		STREET 1:		815 CHESTNUT ST
		CITY:			NORTH ANDOVER
		STATE:			MA
		ZIP:			01845
		BUSINESS PHONE:		9786881811

	MAIL ADDRESS:	
		STREET 1:		815 CHESTNUT STREET
		CITY:			NORTH ANDOVER
		STATE:			MA
		ZIP:			01845

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HORNE TIMOTHY P
		CENTRAL INDEX KEY:			0001235976

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11499
		FILM NUMBER:		03744050

	BUSINESS ADDRESS:	
		STREET 1:		WATTS INDUSTRIES INC
		STREET 2:		ROUTE 815 CHESTNUT ST
		CITY:			NORTH ANDOVER
		STATE:			MA
		ZIP:			01845
		BUSINESS PHONE:		9786881811

	MAIL ADDRESS:	
		STREET 1:		WATTS INDUSTRIES INC
		STREET 2:		ROUTE 815 CHESTNUT ST
		CITY:			NORTH ANDOVER
		STATE:			MA
		ZIP:			01845
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>d1204_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<!-- - EDGAR Ease Plus 1.0                                   04/22/03  TZ    -->
<ownershipDocument>
    <schemaVersion>X0101</schemaVersion>

    <documentType>4</documentType>
   <periodOfReport>2003-06-12</periodOfReport>
    <issuer>
        <issuerCik>0000795403</issuerCik>
        <issuerName>WATTS INDUSTRIES INC</issuerName>
        <issuerTradingSymbol>WTS</issuerTradingSymbol>
   </issuer>
   <reportingOwner>
      <reportingOwnerId>
            <rptOwnerCik>0001235976</rptOwnerCik>
            <rptOwnerName>HORNE TIMOTHY P</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
         <isDirector>1</isDirector>
         <isOfficer>0</isOfficer>
         <isTenPercentOwner>1</isTenPercentOwner>
         <isOther>0</isOther>
       </reportingOwnerRelationship>
   </reportingOwner>
   <nonDerivativeSecurity>
      <securityTitle>
         <value>Class A Common Stock</value>
      </securityTitle>
      <transactionDate>
         <value>2003-06-12</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>S</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
            <footnoteId id="F1"/>
            <footnoteId id="F12"/>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>43195</value>
         </transactionShares>
         <transactionValue>
           <value>19.0251</value>
         </transactionValue>
         <transactionAcquiredDisposedCode>
           <value>D</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
     <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>183058</value>
            <footnoteId id="F2"/>
            <footnoteId id="F3"/>
            <footnoteId id="F4"/>
            <footnoteId id="F5"/>
            <footnoteId id="F6"/>
            <footnoteId id="F7"/>
            <footnoteId id="F8"/>
            <footnoteId id="F9"/>
            <footnoteId id="F10"/>
            <footnoteId id="F11"/>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
            <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </nonDerivativeSecurity>
   <nonDerivativeSecurity>
      <securityTitle>
         <value>Class A Common Stock</value>
      </securityTitle>
      <transactionDate>
         <value>2003-06-12</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>S</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
            <footnoteId id="F1"/>
            <footnoteId id="F13"/>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>20516</value>
         </transactionShares>
         <transactionValue>
           <value>19.0251</value>
         </transactionValue>
         <transactionAcquiredDisposedCode>
           <value>D</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
     <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>162542</value>
            <footnoteId id="F2"/>
            <footnoteId id="F3"/>
            <footnoteId id="F4"/>
            <footnoteId id="F5"/>
            <footnoteId id="F6"/>
            <footnoteId id="F7"/>
            <footnoteId id="F8"/>
            <footnoteId id="F9"/>
            <footnoteId id="F10"/>
            <footnoteId id="F11"/>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
            <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </nonDerivativeSecurity>
   <footnotes>
<footnote id="F1"> Shares were sold pursuant to a 10b5-1 sales plan effective as of May 19, 2003.</footnote>

<footnote id="F2"> The Reporting Person also beneficially owns 1,901,220 shares of Class B Common Stock, directly owned. All shares, except for 200,000, are subject to the Amended and Restated George B. Horne Voting Trust Agreement, 1997 (the &quot;1997 Voting Trust&quot;) and represented by Voting Trust Certificates (&quot;1997 Voting Trust Certificates&quot;). The Reporting Person serves as sole trustee of such Voting Trust.</footnote>

<footnote id="F3"> The Reporting Person also beneficially owns 1,974,600 shares of Class B Common Stock, indirectly owned. All shares, except for 250,000, are subject to the 1997 Voting Trust and represented by 1997 Voting Trust Certificates. The shares are held for the benefit of George B. Horne under a revocable trust for which Reporting Person serves as co-trustee.</footnote>

<footnote id="F4"> The Reporting Person also beneficially owns 1,210,840 shares of Class B Common Stock, indirectly owned. All shares, except for 25,000, are subject to the 1997 Voting Trust and represented by 1997 Voting Trust Certificates held for the benefit of Daniel W. Horne.</footnote>

<footnote id="F5"> The Reporting Person also beneficially owns 1,210,840 shares of Class B Common Stock, indirectly owned. All shares, except for 25,000, are subject to the 1997 Voting Trust and represented by 1997 Voting Trust Certificates held for the benefit of Deborah Horne.</footnote>

<footnote id="F6"> The Reporting Person also beneficially owns 1,085,840 shares of Class B Common Stock, indirectly owned. All shares are held in the 1997 Voting Trust for the benefit of Peter Horne.</footnote>

<footnote id="F7"> The Reporting Person also beneficially owns 30,200 shares of Class B Common Stock, indirectly held. All shares are subject to the 1997 Voting Trust and represented by 1997 Voting Trust Certificates owned by an irrevocable trust for the benefit of Tara V. Horne, for which Reporting Person serves as trustee.</footnote>

<footnote id="F8"> The Reporting Person also beneficially owns 22,600 shares of Class B Common Stock, indirectly owned. All shares are subject to the 1997 Voting Trust and represented by 1997 Voting Trust Certificates owned by an irrevocable trust for the benefit of Tiffany R. Horne, for which Reporting Person serves as trustee.</footnote>

<footnote id="F9"> The Reporting Person also beneficially owns 25,000 shares of Class A Common Stock, indirectly. Shares are held for the benefit of Daniel W. Horne under a trust for which reporting person serves as sole trustee.</footnote>

<footnote id="F10"> The Reporting Person also beneficially owns 25,000 shares of Class A Common Stock, indirectly. Shares are held for the benefit of Deborah Horne under a trust for which reporting person serves as sole trustee.</footnote>

<footnote id="F11"> The Reporting Person also beneficially owns 3,094 options to purchase Class A Common Stock of Watts Industries, Inc. granted under the 2003 Non-Employee Directors' Stock Option Plan. Such options are vested and exercisable upon the date of grant.</footnote>

<footnote id="F12"> These sales were made pursuant to Rule 144.</footnote>

<footnote id="F13"> These sales were made pursuant to a Supplemental Re-Offer Prospectus filed with the SEC on May 10, 2001, File No. 033-37926.</footnote>
   </footnotes>
   <ownerSignature>
      <signatureName>/s/ Ronald W. Gorski, By Power of Attorney</signatureName>
      <signatureDate>2003-06-13</signatureDate>
   </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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