KRONOS WORLDWIDE, INC.            Contact:  Gregory M. Swalwell
Three Lincoln Centre                        Vice President,  Finance and Chief
5430 LBJ Freeway, Suite 1700                Financial Officer
Dallas, Texas   75240-2697                  (972) 233-1700
- -------------------------------------------------------------------------------
PRESS RELEASE
- -------------------------------------------------------------------------------
(LOGO GOES HERE)




FOR IMMEDIATE RELEASE


          KRONOS WORLDWIDE, INC. ANNOUNCES 2004 FOURTH QUARTER DIVIDEND


     DALLAS,  TEXAS - October  21, 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 December
29, 2004 to  stockholders  of record at the close of  business  on December  10,
2004.

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