KRONOS WORLDWIDE, INC.                    Contact:  Gregory M. Swalwell
Three Lincoln Centre                                Vice President,  Finance and
5430 LBJ Freeway, Suite 1700                           Chief Financial Officer
Dallas, Texas   75240-2697                          (972) 450-4228
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PRESS RELEASE
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FOR IMMEDIATE RELEASE


          KRONOS WORLDWIDE, INC. ANNOUNCES 2004 THIRD QUARTER DIVIDEND


     DALLAS,  TEXAS - August  31,  2004 - Kronos  Worldwide,  Inc.  (NYSE:  KRO)
announced that its board of directors has declared a regular quarterly  dividend
of twenty five cents ($0.25) per share on its common stock, payable on September
28, 2004 to  stockholders  of record at the close of business on  September  13,
2004.

     Kronos  Worldwide,  Inc.  is a major  international  producer  of  titanium
dioxide pigments.

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