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

10,368 Restricted Stock Amortization 222 246 723 996 Interest, Net 4,474 4,624 17,193 18,102 ------- ------- -------- -------- Pretax Income $3,180 $(2,182) $12,318 $3,529 Income tax 1,352 (531) 4,960 1,725 ------- ------- -------- -------- Net income from Continuing Operations $1,828 $(1,651) $7,358 $1,804 ======= ====== ======= ======= 4.3% (3.8)% 4.4% 1.0% Diluted EPS-from continuing operations $0.09 $(0.09) $0.38 $0.09 Net income (Loss) from Discontinued Operations $383 $(156) $921 $(1,546) Diluted EPS-from discontinued operations $0.02 $(0.01) $0.05 $(0.08)

TREND REPORTING

Management monitors consolidated same store and acquisition field operating and financial results both on a year over year and most recent rolling four quarters ("Trend Reports") basis to reflect long term and short term trends and seasonality. "Acquisition" is defined as businesses acquired since January 2005 (date of refinancing our Senior Notes). The Trend Reports highlight trends in volumes, revenues, Field EBITDA (controllable profit), Field EBITDA Margin (controllable profit margin) and the components of our overhead. Trend reporting allows us to focus on the key operational and financial drivers relevant to the longer term performance and valuation of our portfolio of deathcare businesses. Please go to the Investor Relations homepage of Carriage's web site at '/>"/>

SOURCE Carriage Services, Inc.
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