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VALHI INC. ANNOUNCES PARTIAL REDEMPTION OF NOTES

 DALLAS, July 19 /PRNewswire/ -- Valhi Inc. (NYSE: VHI) announced today that it will redeem on Sept. 3, 1993, $85,280,000 principal amount of its 12 1/2 percent Senior Subordinated Notes due Feb. 15, 1998, at a redemption price of 102.735 percent of the principal amount thereof, plus accrued interest to the redemption date. Notes are currently outstanding in an aggregate principal amount of $135,280,000. The trustee for the notes has indicated that it will select notes for redemption randomly by lot from noteholders of record on July 30, 1993. Notes selected for redemption will not be eligible for transfer on the books of the company. Interest will cease to accrue on the portion of the principal amount of the notes selected for redemption on and after the Sept. 3, 1993, redemption date. The trustee and paying agent for the notes is Ameritrust Texas N.A., Attn: Lauren Polk, Registered Bond Events, 1900 Pacific St., 14th floor, Dallas, TX 75201.
 Valhi Inc., headquartered in Dallas, is a diversified company engaged in the refined sugar, forest products, fast food and hardware products industries. Valhi is also indirectly engaged in the chemicals and titanium metals industries through its equity interest in two publicly traded affiliates, NL Industries Inc. and Tremont Corp. Valhi's common stock is traded on the New York and Pacific Stock Exchanges under the symbol "VHI."
 -0- 7/19/93
 /CONTACT: William C. Timm, VP-finance and administration of Valhi, 214-450-4212/
 (VHI)


CO: Valhi Inc. ST: Texas IN: FOD PAP CHM SU:

JB-JL -- LA042 -- 3299 07/19/93 18:26 EDT
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Publication:PR Newswire
Date:Jul 19, 1993
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