Website: N/A
Stock Symbol: NYSE: VHI
Market Value: N/A (in millions)

Valhi, Inc. (NYSE: VHI) is primarily a holding company. We operate through our wholly-owned and majority-owned subsidiaries, including NL Industries, Inc., Kronos Worldwide, Inc., CompX International Inc. and Waste Control Specialists LLC (“WCS”). Prior to March 26, 2007 we were also the largest shareholder of Titanium Metals Corporation (“TIMET”), although we owned less than a majority interest and we accounted for our investment in TIMET by the equity method. On February 28, 2007 our board of directors declared a special dividend of all of the TIMET common stock we owned. The special dividend was paid on March 26, 2007 to stockholders of record as of March 12, 2007. After completion of the dividend, we own approximately 1% of TIMET primarily through our NL subsidiary. See Note 3 to our Consolidated Financial Statements. Kronos (NYSE: KRO), NL (NYSE: NL) and CompX (NYSE: CIX) each file periodic reports with the U.S. Securities and Exchange Commission (“SEC”).