EX-99 2 f4vhi070326cnt.htm EXHIBIT 99.1 ADDITIONAL INFORMATION (AS OF APRIL 3, 2007)

Exhibit 99.1

Additional Information

(As of April 3, 2007)



Valhi Holding Company ("VHC"), the Harold Simmons Foundation, Inc. (the

"Foundation"), TIMET Finance Management Company ("TFMC") and The Combined

Master Retirement Trust (the "CMRT") are the direct holders of 92.6%, 0.9%,

0.7% and 0.1%, respectively, of the common stock of the issuer, Valhi, Inc.

("Valhi").  Titanium Metals Corporation ("TIMET") is the sole stockholder of

TFMC.  VHC, Harold C. Simmons' spouse, the CMRT, Harold C. Simmons, NL

Industries, Inc.("NL"), Valhi and the Foundation are the holders of 26.9%,

11.7%, 8.5%, 4.0%,0.8%, 0.5% and 0.2% of the outstanding common stock of

TIMET.  NL's percentage ownership of TIMET common stock includes 0.3%

directly held by a subsidiary of NL.  Valhi and TFMC are the direct holders

of 83.1% and 0.5%, respectively, of the outstanding common stock of NL.

Dixie Rice Agricultural Corporation, Inc. ("Dixie Rice") is the direct holder

of 100% of the outstanding common stock of VHC.  Contran is the holder of

100% of the outstanding common stock of Dixie Rice.



Substantially all of Contran's outstanding voting stock is held by trusts

established for the benefit of certain children and grandchildren of Harold

C. Simmons (the "Trusts"), of which Mr. Simmons is the sole trustee, or is

held by Mr. Simmons or persons or other entities related to Mr. Simmons.  As

sole trustee of each of the Trusts, Mr. Simmons has the power to vote and

direct the disposition of the shares of Contran stock held by each of the

Trusts.  Mr. Simmons, however, disclaims beneficial ownership of any shares

of Contran stock that the Trusts hold.



The Foundation directly holds approximately 0.9% of the outstanding Valhi

common stock and 0.2% of the outstanding TIMET common stock.  The Foundation

is a tax-exempt foundation organized for charitable purposes.  Harold C.

Simmons is the chairman of the board of the Foundation and may be deemed to

control the Foundation.



The CMRT directly holds approximately 0.1% of the outstanding shares of Valhi

common stock and 8.5% of the outstanding TIMET common stock.  Contran

sponsors the CMRT as a trust to permit the collective investment by master

trusts that maintain the assets of certain employee benefit plans Contran and

related companies adopt.  Mr. Simmons is the sole trustee of the CMRT and a

member of the trust investment committee for the CMRT.  Mr. Simmons is a

participant in one or more of the employee benefit plans that invest through

the CMRT.



Mr. Harold C. Simmons is chairman of the board of Valhi, TIMET, VHC, Dixie

Rice and Contran.



By virtue of the offices held, the stock ownership and his services as

trustee, all as described above, (a) Mr. Simmons may be deemed to control

certain of such entities and (b) Mr. Simmons and certain of such entities may

be deemed to possess indirect beneficial ownership of, and a pecuniary

interest in, shares of common stock directly held by certain of such other

entities.  However, Mr. Simmons disclaims such beneficial ownership of, and

such pecuniary interest in, such shares beneficially owned, directly or

indirectly, by any of such entities, except to the extent of his vested

beneficial interest, if any, in the shares the CMRT holds directly.



The reporting person understands that NL and a subsidiary of NL directly own

3,522,967 shares and 1,186,200 shares, respectively, of Valhi common stock as

of the date of this statement.  As already stated, Valhi is the direct holder

of approximately 83.1% of the outstanding common stock of NL.  As a result of

Valhi's direct and indirect ownership of NL and its subsidiary, the reporting

person further understands that, pursuant to Delaware law, Valhi treats the

shares of Valhi common stock that NL and its subsidiary own as treasury stock

for voting purposes.  For the purposes of this statement, such shares of

Valhi common stock that NL and its subsidiary hold directly are not deemed

outstanding.



Harold C. Simmons' spouse is the direct owner of 21,167,875 shares of TIMET

common stock, 269,775 shares of NL common stock and 43,400 shares of Valhi

common stock.  Mr. Simmons may be deemed to share indirect beneficial

ownership of such shares.  Mr. Simmons disclaims beneficial ownership of all

securities that his spouse holds directly.



Mr. Harold C. Simmons is the direct owner of 7,174,239 shares of TIMET common

stock, 879,600 shares of NL common stock and 3,383 shares of Valhi common

stock.



A trust, of which Harold C. Simmons and his spouse are trustees and the

beneficiaries are the grandchildren of his spouse, is the direct holder of

36,500 shares of Valhi common stock and 17,432 shares of TIMET common stock.

Mr. Simmons, as co-trustee of this trust, has the power to vote and direct

the disposition of the shares of Valhi common stock the trust holds.  Mr.

Simmons disclaims beneficial ownership of any shares of Valhi common stock

that this trust holds.