Investor Information

The Company's Class A Common Stock trades in the Nasdaq National Market under the symbol STEI. The following table sets forth, for the periods indicated, the range of high and low sales prices, as reported by the Nasdaq National Market. Prices for fiscal year 1997 and the first two quarters of fiscal year 1998 have been adjusted to reflect a two-for-one stock split effected in the form of a 100% stock dividend on April 24, 1998. As of January 8, 1999, there were 1,403 record holders of the Company's Class A Common Stock.

Fiscal Year 1998	High	Low
Fourth Quarter	24 5/8	15 7/8
Third Quarter	28 5/8	22 1/4
Second Quarter	29	21
First Quarter	24 1/4	19 1/2
Fiscal Year 1997
Fourth Quarter	22 15/16	18 3/16
Third Quarter	23	16 1/8
Second Quarter	19	16
First Quarter	19 7/8	16 3/8

The Company declared quarterly dividends of $.01 per share on its Class A and Class B Common Stock during each quarter of fiscal year 1997 and the first two quarters of fiscal year 1998, and $.02 per share during the last two quarters of fiscal year 1998. The Company intends to continue its current policy of declaring quarterly cash dividends on the Class A and Class B Common Stock in the amount of $.02 per share. The declaration and payment of dividends is at the discretion of the Company's Board of Directors and will depend on the Company's results of operations, financial condition, cash requirements, future prospects and other factors deemed relevant by the Board. The most restrictive of the Company's debt agreements restricts the declaration and payment of dividends within any period of four consecutive quarters to 50% or less of the Company's consolidated net earnings for those four fiscal quarters. The same debt agreement limits the purchase, redemption or retirement of any shares of the Company's capital stock to 5% or less of its consolidated net worth on the payment date.

Transfer Agent & Registrar
Shareholders requesting a change of address, records or information about lost certificates should contact:

ChaseMellon Shareholder Services, L.L.C.
85 Challenger Road
Overpeck Centre
Ridgefield Park, NJ 07660-2104
Toll Free (800) 635-9270

Independent Auditors
PricewaterhouseCoopers LLP

SEC Form 10-K
A copy of the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission is available to shareholders upon request. To receive a copy of the Form 10-K without charge, contact:

Martin R. de Lauréal
Investor Relations Department
Stewart Enterprises, Inc.
P.O. Box 19925
New Orleans, LA 70179 USA
(504) 837-5880 Fax (504) 849-2307

Corporate Office Address

Stewart Enterprises, Inc.
110 Veterans Memorial Boulevard
Metairie, Louisiana 70005 USA
(504) 837-5880