EXHIBIT 4.2

       SPECIMEN CERTIFICATE OF 6 3/4% SERIES A CONVERTIBLE PREFERRED STOCK

                           TITANIUM METALS CORPORATION
                   6 3/4% Series A Convertible Preferred Stock
                                 Par Value $0.01



     This  Certifies  that  -------------------  is the owner of  --------------
fully paid and non-assessable Shares of the above Corporation  transferable only
on the  books of the  Corporation  by the  holder  hereof  in  person or by duly
authorized attorney upon surrender of this Certificate properly endorsed.

     In Witness Whereof,  the said Corporation has caused this Certificate to be
signed by its duly  authorized  officers  and to be sealed  with the Seal of the
Corporation.

     The following  abbreviations,  when used in the  description on the face of
this  certificate,  shall be  construed  as though they were written out in full
according to applicable laws or regulations.  Additional  abbreviations may also
be used though not in the list.

<TABLE>
<CAPTION>
--------------------------------------------------------------------------------
<S>        <C>                               <C>                               <C>
TEN COM    --as tenants in common            UNIT GIFT MIN ACT-                Custodian             (Minor)
                                                                -------------            ------------

TEN ENT    --as tenants by the entireties    under Uniform Gifts to Minors Act                       (State)
                                                                               ----------------------

JT TEN     --as joint tenants with right     UNIF TRF MIN ACT-                 Custodian             (Minor)
             of survivorship and not as                         -------------            ------------
             tenants in common                                                                        ------------
                                                  under                                   (state) Uniform
Act                                                                        -------------

For value received, the undersigned hereby    PLEASE INSERT SOCIAL SECURITY OR
sells, assigns and transfers unto             OTHER IDENTIFYING NUMBER OF ASSIGNEE


------------------------------------------    ------------------------------------


PLEASE PRINT OR TYPEWRITE NAME AND ADDRESSES OF ASSIGNEE

----------------------------------------------------------------------------------

--------------------------------------------------------------------------- Shares

represented by the within Certificate, and hereby irrevocably constitutes and appoints

-------------------------------------------------------------------------  Attorney to

transfer the said shares on the books of the within-named Corporation with full
power of substitution in the premises.

Dated,
        ------------------------


                                                                     -----------------------
</TABLE>



              In presence of



--------------------------------------------------

Notice:  The  signature  to this  assignment  must  correspond  with the name as
written upon the face of the certificate in every particular  without  attention
or enlargement, or any change whatever.