Stock Repurchase Program January 2010

Matthews International Corporation Announces Continuation of its Stock Repurchase Program

PITTSBURGH, PA, JANUARY 22, 2010– Matthews International Corporation (NASDAQ NMS: MATW) announced today that its Board of Directors approved a continuation of the Company’s stock repurchase program. Previously, the Board had approved repurchasing a cumulative total of 12,500,000 shares. Approximately 68,000 shares remain to be purchased under this authorization. Upon the repurchase of these remaining shares, the new authorization allows Matthews to purchase up to an additional 2,500,000 shares of the Company’s common stock.