SECURITIES AND EXCHANGE COMMISSION



                              WASHINGTON, DC 20549



                                    FORM 8-K



                                 CURRENT REPORT



                Pursuant to Section 13 or 15(d) of the Securities
                              Exchange Act of 1934



                        Date of Report: October 29, 2003




                                   VALHI, INC.
             (Exact name of Registrant as specified in its charter)



    Delaware                          1-5467                       87-0110150
 (State or other                    (Commission                  (IRS Employer
  jurisdiction of                   File Number)                 Identification
  incorporation)                                                       No.)



         5430 LBJ Freeway, Suite 1700, Dallas, TX                 75240-2697
         (Address of principal executive offices)                 (Zip Code)



                                 (972) 233-1700
              (Registrant's telephone number, including area code)



             (Former name or address, if changed since last report)


Item 7: Financial Statements, Pro Forma Financial Information and Exhibits (c) Exhibit Item No. Exhibit Index --------- ---------------------------------------- 99.1 Press release dated October 29, 2003 issued by Valhi, Inc. Item 9: Regulation FD Disclosure The registrant hereby furnishes the information set forth in the press release issued on October 29, 2003, a copy of which is attached hereto as Exhibit 99.1 and incorporated herein by reference. The information, including the exhibit, the registrant furnishes in this report is not deemed "filed" for purposes of section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. Registration statements or other documents filed with the Securities and Exchange Commission shall not incorporate this information by reference, except as otherwise expressly stated in such filing.

SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VALHI, INC. (Registrant) By: /s/ A. Andrew R. Louis ---------------------- A. Andrew R. Louis Secretary Date: October 29, 2003

INDEX TO EXHIBITS Exhibit No. Description - ----------- -------------------------------------------------- 99.1 Press release dated October 29, 2003 issued by Valhi, Inc.

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                                  PRESS RELEASE

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FOR IMMEDIATE RELEASE:                                     CONTACT:

VALHI, INC.                                                Bobby D. O'Brien
Three Lincoln Centre                                       Vice President
5430 LBJ Freeway, Suite 1700                               (972) 233-1700
Dallas, Texas 75240-2697



                        VALHI DECLARES QUARTERLY DIVIDEND



         DALLAS,  TEXAS . . . October 29,  2003 . . . Valhi,  Inc.  (NYSE:  VHI)
announced  today that its board of directors  has  declared a regular  quarterly
dividend of six cents ($0.06) per share on its common stock, payable on December
31, 2003 to  stockholders  of record at the close of  business  on December  12,
2003.

         Valhi,  Inc. is engaged in the  titanium  dioxide  pigments,  component
products (ergonomic computer support systems,  precision ball bearing slides and
security products), titanium metals products and waste management industries.

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