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Carriage Services Announces Fourth Quarter 2008 Results
Date:2/26/2009

e intended to be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on assumptions that the Company believes are reasonable; however, many important factors, as discussed under "Forward-Looking Statements and Cautionary Statements" in the Company's Annual Report and Form 10-K for the year ended December 31, 2007, could cause the Company's 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, the Company. The Company assumes no obligation to update or publicly release any revisions to forward-looking statements made herein or any other forward-looking statements made by, or on behalf of, the Company. A copy of the Company's Form 10-K, and other Carriage Services information and news releases, are available at www.carriageservices.com.

    Contacts:  Terry Sanford, SVP & CFO
               Carriage Services, Inc.
               713-332-8400
               Ken Dennard / ksdennard@drg-e.com
               Kip Rupp / krupp@drg-e.com
               DRG&E / 713-529-6600
                                 - Tables to Follow -



                                           CARRIAGE SERVICES, INC.
                                           Selected Financial Data
                                              December 31, 2008
                                                 (unaudited)


    Selected Balance Sheet Data:                       12/31/2007 12/31/2008
    Cash and short-term investments                        $3,446     $5,007
    Total Senior Debt (a)                                 138,913    137,732
    Days s
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SOURCE Carriage Services, Inc.
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