VALHI LOGO GOES HERE PRESS RELEASE FOR IMMEDIATE RELEASE: CONTACT: VALHI, INC. JOSEPH S. COMPOFELICE THREE LINCOLN CENTRE EXECUTIVE VICE PRESIDENT 5430 LBJ FREEWAY (713) 423-3303 DALLAS, TEXAS 75240-2697 (214) 233-1700 VALHI DECLARES QUARTERLY DIVIDEND AND HOLDS ANNUAL STOCKHOLDERS MEETING DALLAS, TEXAS . . . May 10, 1996 . . . Valhi, Inc. (NYSE:VHI) announced today that its Board of Directors has declared a regular quarterly dividend of five cents ($0.05) per share on its common stock, payable June 28, 1996, to stockholders of record at the close of business June 12, 1996. Valhi also announced that five Directors of the Company were elected for terms of one year at its Annual Stockholders Meeting held today. The Directors of the Company are: Norman S. Edelcup, Kenneth R. Ferris, Glenn R. Simmons, Harold C. Simmons and J. Walter Tucker, Jr. Valhi, Inc. is engaged in the titanium dioxide pigments, refined sugar, building products and other industries.