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Service Corporation International Declares Quarterly Cash Dividend

HOUSTON, Feb. 12 /PRNewswire/ -- The board of directors of Service Corporation International (NYSE: SRV) (SCI) is again pleased to announce an increase in the Company's quarterly cash dividend, raising it 20 percent to 9 cents per share of common stock.

R.L. Waltrip, chairman of the board and chief executive officer, said that the cash dividend is payable April 30, 1998, to shareholders of record at the close of business on April 15, 1998.

As of December 31, 1997, SCI affiliates operate 3,127 funeral service locations, 392 cemeteries and 166 crematoria. SCI provides funeral and cemetery services in 17 countries on five continents. SCI's stock is traded on the New York Stock Exchange. The Company's ticker symbol is SRV.
SOURCE Service Corporation International
CONTACT: George R. Champagne, Senior Vice President-Chief Financial Officer of Service Corporation International, 713-525-9072 or 713-525-5238 CNOC: http: //www.prnewswire.com or fax, 800-758-5804, ext. 104532 WEBSITE: http: //www.sci-corp.com