PRESS RELEASE FOR IMMEDIATE RELEASE: CONTACT: VALHI, INC. STEVEN L. WATSON THREE LINCOLN CENTRE PRESIDENT 5430 LBJ FREEWAY, SUITE 1700 (972) 233-1700 DALLAS, TEXAS 75240-2697 VALHI DECLARES QUARTERLY DIVIDEND DALLAS, TEXAS . . . August 27, 1999 . . . 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, 1999 to stockholders of record at the close of business on September 10, 1999. Valhi, Inc. is engaged in the titanium dioxide pigments, component products (ergonomic computer support systems, precision ball bearing slides and locking systems), titanium metals products and waste management industries. * * * * *