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Stewart Enterprises, Inc. Declares Quarterly Dividend

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JEFFERSON, La., Oct. 29, 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 Board has accelerated this payment, typically paid in January, to be payable on December 26, 2012 to holders of record of Class A and Class B Common Stock as of the close of business on December 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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