Service Corporation International Declares Quarterly Cash Dividend

      Service Corporation International Declares Quarterly Cash Dividend

PR Newswire

HOUSTON, Aug. 7, 2012

HOUSTON, Aug. 7, 2012 /PRNewswire/ -- Service Corporation International (NYSE:
SCI), the largest provider of deathcare products and services in North
America, today announced that its Board of Directors has approved a quarterly
cash dividend of six cents per share of common stock.  The quarterly cash
dividend announced today is payable on October 31, 2012 to shareholders of
record at the close of business on October 15, 2012.  While the Company
intends to pay regular quarterly cash dividends for the foreseeable future,
all subsequent dividends, and the establishment of record and payment dates,
are subject to final determination by the Board of Directors each quarter
after its review of the Company's financial performance.

Cautionary Statement on Forward-Looking Statements

The statements in this press release that are not historical facts are
forward-looking statements.  These forward-looking statements have been made
in reliance on the "safe harbor" protections provided under the Private
Securities Litigation Reform Act of 1995.  These statements may be accompanied
by words such as "believe," "estimate," "project," "expect," "anticipate," or
"predict," that convey the uncertainty of future events or outcomes.  These
statements are based on assumptions that we believe are reasonable; however,
many important factors could cause our actual results in the future to differ
materially from the forward-looking statements made herein and in any other
documents or oral presentations made by, or on behalf of us.  There can be no
assurance that future dividends will be declared.  The actual declaration of
future dividends, and the establishment of record and payment dates, is
subject to final determination by our Board of Directors each quarter after
its review of our financial performance.  Important factors which could cause
actual results to differ materially from those in forward-looking statements
include, among others, restrictions on the payment of dividends under existing
or future credit agreements or other financing arrangements; changes in tax
laws relating to corporate dividends; a determination by the Board of
Directors that the declaration of a dividend is not in the best interests of
the Company and its shareholders; an increase in our cash needs or a decrease
in available cash; or a deterioration in our financial condition or results. 
For further information on these and other risks and uncertainties, see our
Securities and Exchange Commission filings, including our 2011 Annual Report
on Form 10-K.  Copies of this document as well as other SEC filings can be
obtained from our website at http://www.sci-corp.com.  We assume no obligation
to publicly update or revise any forward-looking statements made herein or any
other forward-looking statements made by us, whether as a result of new
information, future events or otherwise.

About Service Corporation International

Service Corporation International (NYSE: SCI), headquartered in Houston,
Texas, is North America's leading provider of deathcare products and
services.  At June 30, 2012, we owned and operated 1,425 funeral homes and 373
cemeteries (of which 215 are combination locations) in 43 states, eight
Canadian provinces and the District of Columbia.  Through our businesses, we
market the Dignity Memorial® brand which offers assurance of quality, value,
caring service, and exceptional customer satisfaction.  For more information
about Service Corporation International, please visit our website at
www.sci-corp.com.  For more information about Dignity Memorial®, please visit
www.dignitymemorial.com.

For additional information contact:
Investors:  Debbie Young – Director / Investor Relations        (713) 525-9088
Media:  Lisa Marshall – Managing Director / Corporate           (713) 525-3066
Communications

SOURCE Service Corporation International

Website: http://www.sci-corp.com