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The Company’s Class A common stock trades on the Nasdaq National Market under the symbol STEI. On January 16, 2002, the closing sale price as reported by the Nasdaq National Market was $6.25. The following table sets forth, for the periods indicated, the range of high and low sale prices, as reported by the Nasdaq National Market. As of January 8, 2002, there were 1,465 record holders of the Company’s Class A common stock. Record holders included persons holding Class A common stock on behalf of one or more beneficial owners who are not holders of record.
The Company declared quarterly dividends of $.02 per share on its Class A and Class B common stock during the first three quarters of fiscal year 2000. On October 5, 2000, the Company’s Board of Directors suspended the payment of quarterly dividends on its Class A and Class B common stock. The declaration and payment of dividends in the future is at the discretion of the Company’s Board of Directors and will depend upon the Company’s results of operations, financial condition, cash requirements, future prospects and other factors deemed relevant by the Board. The Company’s credit agreement and senior subordinated notes restrict the Company’s ability to pay dividends on its common stock. See Note 14 to the consolidated financial statements included in this report.
Shareholders requesting a change of address, records or information about lost certificates should contact:
Mellon Investor Services LLC
85 Challenger Road
Overpeck Centre
Ridgefield Park, NJ 07660-2104
Toll Free (800) 635-9270
www.mellon-investor.com
PricewaterhouseCoopers LLP
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 de Laureal
Investor Relations Department
Stewart Enterprises, Inc.
P.O. Box 19925
New Orleans, LA 70179 USA
Phone (504) 837-5880
Fax (504) 849-2307
mdelaureal@stei.com
Stewart Enterprises, Inc.
110 Veterans Blvd.
Metairie, Louisiana 70005 USA
(504) 837-5880
www.stewartenterprises.com
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