exh44.htm


	INCORPORATED UNDER THE LAWS OF THE STATE OF DELAWARE				COMMON STOCK PAR VALUE $.01
Number						Shares


		[Engraved Picture of Globe and People]

	THIS CERTIFICATE IS TRANSFERABLE IN CANTON, MA AND NEW YORK, NY				CUSIP 918905 10 0
					SEE REVERSE FOR CERTAIN DEFINITIONS

		Valhi, Inc.


	This Certifies that






	is the owner of

	FULLY PAID AND NON-ASSESSABLE SHARES OF COMMON STOCK OF
	Valhi, Inc. (hereinafter called the Corporation), transferable on the books of the Corporation by the holder hereof in person or by duly authorized attorney upon surrender of this certificate properly endorsed. This certificate is not valid unless countersigned by the Transfer Agent and registered by the Registrar. Witness the facsimile seal of the Corporation and the facsimile signatures of its duly authorized officers

			[Valhi, Inc.	Dated
	[Facsimile Signature]		Corporate Seal	COUNTERSIGNED AND REGISTERED
	Chairman of the Board		Delaware]	COMPUTERSHARE TRUST COMPANY, N.A.
					TRANSFER AGENT
	[Facsimile Signature]				AND REGISTRAR
		Secretary		BY: [Facsimile Signature]
				AUTHORIZED SIGNATURE

The Corporation will furnish to any stockholder upon request and without charge, a full statement (a) of the designation, relative rights, preferences and limitations of the shares of common stock and the shares of preferred stock of each series authorized to be issued, so far as the same have been determined and (b) of the authority of the board of directors to divide the shares of preferred stock into series and to determine and change the relative rights, preferences and limitations of any class or series.

TEN COM	—	as tenants in common	UNIF GIFT MIN ACT	—	Custodian
TEN ENT	—	as tenants by the entireties			(Cust) (Minor)
JT TEN	—	as joint tenants with right of survivorship and not as tenants in common			under Uniform Gifts to Minors Act (State)
		Additional abbreviations may also be used though not in the above list.

For Value Received, ______ hereby sell, assign and transfers unto
PLEASE INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER OF ASSIGNEE



PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS INCLUDING POSTAL ZIP CODE OF ASSIGNEE


Shares of the capital stock represented by the within Certificate, and do hereby irrevocably constitute and appoint

Attorney to transfer the said stock on the books of the within-named Corporation with full power of substitution in the premises

NOTICE: The signature(s) to this assignment must correspond with the name(s) of the registered owner(s) as it appears upon the face of this certificate in every particular, without alteration or enlargement or any change whatsoever.