The proposed acquisition takes the locally based company'snumber of properties owned and managed to 281, which represents a37% expansion of its current portfolio. In addition, 13 of thecemeteries and 16 of the funeral homes are in locations whereStoneMor does not currently operate: Arkansas, California, Florida,Hawaii, Iowa, South Carolina and Puerto Rico.

In 2006, the properties to be acquired generated more than $44million in revenues, which is 35% more than StoneMor's 2006revenues. In conjunction with the transaction, StoneMor willreceive control of cemetery merchandise and service trustsaggregating approximately $66 million, and perpetual care trusts ofabout $50 million related to the properties.

During 2006, the cemeteries in the pending acquisition performedapproximately 8,300 burials, and approximately 4,000 funerals tookplace in the funeral homes. The portfolio also includes more than600 undeveloped acres available for sale, more than 200,000 unsoldcemetery spaces in developed sections, more than 3,000 unsold lawncrypts, more than 7,000 constructed unsold mausoleum crypts andmore than 5,000 constructed unsold cremation niches.