2Q 2009 Earnings & Dividend

Matthews International Announces Second Quarter Earnings and Declares Quarterly Dividend

PITTSBURGH, PA, APRIL 23, 2009 – Matthews International Corporation (NASDAQ GSM: MATW) today announced earnings for the quarter ended March 31, 2009. Net income for the Company’s fiscal 2009 second quarter was $12,742,000, representing earnings per share of $0.42. The fiscal 2009 second quarter results included unusual charges of approximately $5,300,000 (pre-tax), or $0.11 per share, which primarily consisted of costs related to the consolidation of certain production operations within the Company’s Bronze segment, severance costs in connection with cost structure initiatives in certain of the Company’s other businesses and asset adjustments resulting from current market conditions. Net income for the quarter ended March 31, 2008 was $20,283,000, or $0.65 per share.