New Chairman of the Board Announced

Matthews International Corporation Elects New Chairman of the Board

PITTSBURGH, PA, FEBRUARY 19, 2010 – Matthews International Corporation (NASDAQ GSM: MATW) today reported that John D. Turner has been named as the Company’s new Chairman of the Board of Directors. Following the Company’s Annual Shareholders’ Meeting on February 18, 2010, the Board of Directors elected Mr. Turner as Chairman. William J. Stallkamp, the Company’s former Chairman, retired from the Board upon the close of the Shareholders’ Meeting.