Mr. Daniel Millett reports

PARK LAWN WITHDRAWS OFFER TO PURCHASE CARRIAGE SERVICES, INC.

Park Lawn Corp. has declined to participate further in Carriage Services Inc.'s previously announced strategic review process, and it has withdrawn its all-cash proposal to purchase the outstanding stock of Carriage.

Park Lawn does not intend to comment further on its withdrawal from Carriage's strategic review process or regarding the withdrawal of its offer unless it deems further disclosure is appropriate or required.

About Park Lawn Corp.

Park Lawn provides goods and services associated with the disposition and memorialization of human remains. Products and services are sold on a preplanned basis (preneed) or at the time of a death (at need). Park Lawn and its subsidiaries own and operate businesses including cemeteries, crematoria, funeral homes, chapels, planning offices and a transfer service. Park Lawn operates in three Canadian provinces and 19 U.S. states.