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Stewart Enterprises, Inc. Declares Quarterly Dividend and Reports Annual Meeting Results JEFFERSON, La., April 3, 2008 (PRIME 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 28,
2008 to holders of record of Class A and Class B Common
Stock as of the close of business on April 14, 2008. The company also reported that, at its annual shareholders' meeting today, all of its directors were re-elected, and a proposal to amend its Amended and Restated Articles of Incorporation to increase the number of authorized shares of Class A Common Stock by 50 million shares to 200 million shares was approved. 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 221 funeral homes and 139 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.primenewswire.com/newsroom/prs/?pkgid=4456 Contact: Stewart Enterprises, Inc.
Thomas M. Kitchen
504-729-1400
1333 S. Clearview Parkway
Jefferson, LA 70121
Source: Stewart Enterprises, Inc.
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