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June 20, 2012 at 18:02 PM EDT
Stewart Enterprises, Inc. Declares Quarterly Dividend

JEFFERSON, La., June 20, 2012 (GLOBE NEWSWIRE) -- Stewart Enterprises, Inc. (Nasdaq:STEI) reported today that its Board of Directors has declared its regular quarterly cash dividend of $0.04 per share. The dividend is payable on July 26, 2012 to holders of record of Class A and Class B Common Stock as of the close of business on July 12, 2012.

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 218 funeral homes and 141 cemeteries. Through its subsidiaries, the Company provides a complete range of funeral and cremation 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

CONTACT: Lewis J. Derbes, Jr.
         Stewart Enterprises, Inc.
         1333 S. Clearview Parkway
         Jefferson, LA 70121
         504-729-1400
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