SIMMONS HAROLD C

• Purchase • Sale • Planned purchase • Planned sale Net purchase Net sale Activity signal Earnings

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Abbreviations B: Buy, S: Sell, PP: Planned purchase, PlS: Planned sale, PrS: Proposed sale, O: Option / Other

Notification date	Transaction date	Company	B/S Transaction type	Nb. shares Price Value	Number of shares	Price	Value
2004-07-26	2004-07-26	Valhi Inc (VHI)	B Purchase	35,073 +29.1% 104.18 US$2,414,442	35,073 +29.1%	104.18	US$2,414,442
2004-07-26	2004-07-26	Valhi Inc (VHI)	B Purchase	39,285 +44.9% 328.58 US$2,171,555	39,285 +44.9%	328.58	US$2,171,555
2004-07-26	2004-07-23	Valhi Inc (VHI)	B Purchase	11,436 -24.3% 341.97 US$960,717	11,436 -24.3%	341.97	US$960,717
2004-07-26	2004-07-22	Valhi Inc (VHI)	B Purchase	5,000 +0.1% 12.00 US$60,000	5,000 +0.1%	12.00	US$60,000
2004-07-26	2004-07-22	Valhi Inc (VHI)	B Purchase	1,600 +0.0% 11.75 US$18,800	1,600 +0.0%	11.75	US$18,800