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Carriage Services Expands Its Presence In The Greater New York Metropolitan Area

Stocks in this article: CSV

HOUSTON, Dec. 13, 2011 /PRNewswire/ -- - Carriage Services, Inc. (NYSE: CSV) is pleased to announce the acquisition of Bryant Funeral Home, a prominent funeral business located in the Greater New York City Metropolitan Area.  This firm has local family roots that extend back over eleven generations and has been a trusted and well-respected member of the community for decades.  Presently, the establishment serves over 250 families per year with an emphasis on traditional burials and memorials.  With this acquisition, Carriage now has two showcase facilities on Long Island.  Fred Bryant, a fixture in both the local community and industry, will remain involved with the business.

Mel Payne, Chairman and CEO of Carriage, stated, "We are thrilled to be able to expand our presence in New York.  The market is much more traditional than other parts of the country and benefits from higher average revenues per service.  This is the kind of environment in which Carriage thrives.  The firm will be an excellent addition to the Carriage family and illustrates our commitment to partnering with the finest operators in the country."

Carriage Services is a leading provider of deathcare services and merchandise in the United States.  Carriage operates 159 funeral homes in 25 states and 33 cemeteries in 12 states.

Certain statements made herein or elsewhere by, or on behalf of, the Company that are not historical facts are 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, 2009, 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 .



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