Stewart Enterprises, Inc. Declares Quarterly Dividend

• Press Release
• Source: Stewart Enterprises, Inc.
• On 6:16 pm EDT, Tuesday March 31, 2009

JEFFERSON, La., March 31, 2009 (GLOBE NEWSWIRE) -- Stewart Enterprises, Inc. (NasdaqGS:STEI - News) reported today that its Board of Directors has declared a quarterly cash dividend of $0.025 per share. The dividend is payable on April 29, 2009 to holders of record of Class A and Class B Common Stock as of the close of business on April 15, 2009.

Founded in 1910, Stewart Enterprises, Inc. is the second largest provider of products and services in the death care industry in the United States, currently owning and operating 220 funeral homes and 140 cemeteries. Through its subsidiaries, the Company provides a complete range of funeral merchandise and services, along with cemetery property, merchandise and services, both at the time of need and on a preneed basis.

The Stewart Enterprises, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4456

          Stewart Enterprises, Inc.
          Thomas M. Kitchen 
          504-729-1400
          1333 S. Clearview Parkway
          Jefferson, LA 70121