PRESS RELEASE FOR IMMEDIATE RELEASE: CONTACT: VALHI, INC. STEVEN L. WATSON THREE LINCOLN CENTRE VICE PRESIDENT 5430 LBJ FREEWAY, SUITE 1700 (972) 450-4216 DALLAS, TEXAS 75240-2697 VALHI, INC. SETTLES STOCKHOLDER LAWSUIT DALLAS, TEXAS . . . June 9, 1998 . . .Valhi, Inc. (NYSE: VHI) announced today that it transferred to Tremont Corporation (NYSE: TRE) $24.3 million cash pursuant to the previously announced settlement agreement with respect to Kahn v. Tremont Corporation, et al., as approved by the Delaware Court of Chancery. Valhi is engaged in the chemicals, component products and waste management industries. * * * * *