[LOGO GOES HERE] - -------------------------------------------------------------------------------- PRESS RELEASE - -------------------------------------------------------------------------------- FOR IMMEDIATE RELEASE: CONTACT: VALHI, INC. Bobby D. O'Brien Three Lincoln Centre Vice President 5430 LBJ Freeway, Suite 1700 (972) 233-1700 Dallas, Texas 75240-2697 VALHI DECLARES QUARTERLY DIVIDEND DALLAS, TEXAS . . . October 29, 2003 . . . Valhi, Inc. (NYSE: VHI) announced today that its board of directors has declared a regular quarterly dividend of six cents ($0.06) per share on its common stock, payable on December 31, 2003 to stockholders of record at the close of business on December 12, 2003. 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. * * * * *