Mr. Daniel Millett reports

PARK LAWN COMPLETES DIVESTITURE OF CERTAIN LEGACY ASSETS

Park Lawn Corp. has successfully completed the previously announced divestiture of certain legacy assets including all the assets of The Park Lawn Cemetery Company (USA) Inc., PLC Saber Ltd. and PLC Citadel Ltd. to Everstory Acquisition Portfolio LLC (EAP), an affiliate of Everstory Partners. The divestiture includes 72 cemeteries in Kentucky, Michigan, North Carolina and South Carolina, and 11 funeral homes in Kentucky and North Carolina.

"The completion of this divestiture marks an important milestone in the execution of Park Lawn's long-term strategy," said J. Bradley Green, chief executive officer. Mr. Green further stated: "Park Lawn has now refined its portfolio and, moving forward, is well positioned to focus solely on its core business strategy while also improving our leverage and liquidity position. We thank each of the employees of these 83 businesses for their hard work and dedication to Park Lawn and wish them well under their new ownership."

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 17 U.S. states.