PRESS RELEASE FOR IMMEDIATE RELEASE: CONTACT: VALHI, INC. STEVEN L. WATSON THREE LINCOLN CENTRE VICE PRESIDENT 5430 LBJ FREEWAY (972) 233-1700 DALLAS, TEXAS 75240-2697 VALHI, INC. DECLARES QUARTERLY DIVIDEND DALLAS, TEXAS . . . August 28, 1998 . . . 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 on September 30, 1998 to stockholders of record at the close of business on September 11, 1998. Valhi is engaged in the titanium dioxide pigments, titanium metal products, ergonomic computer support systems, precision ball bearing slides, locking systems and waste management industries. * * * * *