DALLAS, Feb. 22 /PRNewswire-FirstCall/ -- NL Industries, Inc. (NYSE: NL) announced that its board of directors has declared an increase of its regular quarterly dividend to twenty-five cents per share on its common stock. The dividend will be paid in the form of common stock of Kronos Worldwide, Inc. (NYSE: KRO) owned by NL, valued based on the closing sales price of Kronos Worldwide common stock on February 18, 2005 of $45.58 per share. The dividend is payable on March 29, 2005 to shareholders of record at the close of business on March 14, 2005. Shareholders will receive cash in lieu of fractional shares of Kronos Worldwide common stock.
NL Industries, Inc. is engaged in the component products (precision ball bearing slides, security products and ergonomic computer support systems), titanium dioxide pigments and other businesses.
SOURCE NL Industries, Inc.
02/22/2005
/CONTACT: Gregory M. Swalwell, Vice President, Finance and Chief
Financial Officer of NL Industries, Inc., +1-972-233-1700/
/Web site: http://www.nl-ind.com /
(NL KRO)