Stewart Enterprises (STEI) 8-K Stewart Enterprises, Inc. Declares Quarterly Dividend

Exhibit 99.1

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

STEWART ENTERPRISES, INC. DECLARES QUARTERLY DIVIDEND

JEFFERSON, La.—October 29, 2012—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.