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                                  PRESS RELEASE

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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  . . .  October  28,  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
December 31, 1999 to stockholders of record at the close of business on December
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.

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