's (NYSE: HB) invites you to listen to a presentation by
Kenneth A. Camp, President and Chief Executive Officer Batesville Casket
Company, and Wendy Wilson, Vice President Investor Relations Hillenbrand
Industries, at the Merrill Lynch Deathcare Investor Conference in New York on
Thursday, April 21, 2005 at 10:30 a.

StoneMor Partners L.P. Announces 2005 First Quarter Results


Total revenues for the first quarter 2005 increased by $2.
The Company defines distributable free cash flow as net cash
provided by operating activities before appropriate reserves, if any,
adjusted for expenditures related to its initial public offering less
maintenance capital expenditures and debt payments not funded by the
proceeds of that offering, and other expenditures not related to
normal operating activities during the period presented.
Distributable free cash flow is a non-GAAP financial measure , as
defined by the Securities and Exchange Commission.

StoneMor Partners L.
When considering forward-looking statements, all readers should
keep in mind the risk factors and other cautionary statements set
forth in our SEC filings.P.
Successor to Cornerstone Family Services, Inc .

death funeral

to
enhance its position as the leading wholesale distributor of irrigation,
nursery, lighting and landscape materials in the U., Hillenbrand
Industries Inc.1%, as compared to the same period in 2004, with a
corresponding increase in operating profit, of $1.P. Distributable free cash
flow is not a measure of financial performance and should not be
considered as an alternative to cash flows from operating, investing
or financing activities.


monuments burial

, Deere + Company today
announced that John Deere Landscapes has acquired United Green Mark Inc.S. EDT.4 million during the corresponding
period of 2004. These results are consistent with the company's strategy of
employing more experienced sales personnel. The conference call can be accessed by calling (888) 662-9069. StoneMor is the only publicly traded
deathcare company focused almost exclusively on cemeteries and is the
only publicly held death care company structured as a Partnership.
Successor to Cornerstone Family Services , Inc.

death casket

MOLINE, Ill. and Canada.wsw.com/webcast/ml39/hb/
A recorded replay of Hillenbrand's presentation will be available for 14
days following the conference at the following link:
http: //www.wsw.


Distributable free cash flow is a
significant liquidity metric that we believe is an indicator of our
ability to generate cash flow during any quarter at a level sufficient
to pay the minimum quarterly cash distribution to the holders of our
common units and subordinated units and for other purposes such as
repaying debt and expanding through strategic investments.

atlanta deceased

(NASDAQ:STON ) today announced its operating results for the first
quarter ended March 31, 2005. The Partnership 's cash flow during any specific quarter is not
intended to be adequate to cover these types of expenditures .
Cash flow results were also positive. (Predecessor)
Condensed Consolidated Statement of Cash Flows
(in thousands)
(unaudited )

Three months ended
March 31,
-- -------------------
2004 2005
---------- ----------
OPERATING ACTIVITIES:
Net income (loss) $ (1,388) $ 758
Adjustments to reconcile net income (loss )
to net cash (used in) provided by
operating activity:
Cost of lots sold 1,085 802
Depreciation and amortization 1 ,265 846
Deferred income tax (benefit) (163) -
Changes in assets and liabilities that
provided (used) cash:
Accounts receivable (288) 830
Merchandise trust fund (3,299) 1,958
Prepaid expenses 8 (839)
Other current assets 192 (175)
Other assets (804) (5)
Accounts payable and accrued and other
liabilities (110) (1,884)
Deferred cemetery revenue 4,196 2,640
Merchandise liability (744) (1,589)
---------- ----------
Net cash provided by operating activities (50) 3,342
---------- --- -------
INVESTING ACTIVITIES:
Additions to cemetery property (230) (227)
Acquisitions of property and equipment (272) (746)
---------- ----------
Net cash used in investing activities (502) (973)
---------- --------- -
FINANCING ACTIVITIES:
Cash distribution - (4,438)
Additional borrowings on long-term debt 1,998 -
Repayments of long-term debt (1,396) -
---- ------ ----------
Net cash provided by (used in) financing
activities 602 (4,438)
------ ---- ----------
NET INCREASE (DECREASE) IN CASH AND CASH
EQUIVALENTS 50 (2,069)
CASH AND CASH EQUIVALENTS - Beginning of period 5,554 14 ,474
---------- ----------
CASH AND CASH EQUIVALENTS - End of period $ 5,604 $ 12,405
========== ==========

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Cash paid during the period for interest $ 2,468 $ 1,576
========== ==========
Cash paid during the period for income taxes $ 15 $ 671
========== ==========

See accompanying notes to the Consolidated Financial Statements in
Form 10-K Report for the year ended December 31, 2004.

atlanta crematory

BATESVILLE, Ind .com/webcast/ml39/hb/
Hillenbrand, headquartered in Batesville, Indiana, is a publicly traded
holding company for two major wholly owned businesses serving the health care
and funeral services industries. Hill-Rom Company is a manufacturer of
equipment for the health care industry and a provider of associated services
for wound, pulmonary and circulatory care. Additionally, our results highlight the positive effect of our
September 20, 2004 initial public offering and the sale of senior
secured notes that enabled us to decrease interest expense by 36%. However,
annual cash flows are intended to be adequate.

StoneMor Partners L.P.

death crematory

in connection with the initial public
offering of common units representing limited partner interests in
StoneMor Partners L .P. Our intention is to acquire cash-accretive
properties at reasonable multiples so that we may increase future
distributions to our unitholders.8%, while the average revenue per contract increased
1 .2 million, essentially unchanged during
the first quarter 2005, and represents a backlog of cemetery revenue
less costs of sales and direct selling expenses to be recognized as
contracts are serviced .

vaults markers


Deere said the acquisition adds momentum to the company's already
successful John Deere Landscapes operation, which was formed in 2001 after
Deere purchased companies in the wholesale landscape supplies and irrigation
industries.
You are invited to listen to the presentation via the Internet link at
http://www. Batesville Casket is a
leading manufacturer and supplier of burial caskets , cremation products and
related services to licensed funeral homes., the predecessor to StoneMor Partners L.
Net earnings for the first quarter of 2005 increased by $2.4 million
from cash used in operations of $0.com

About StoneMor Partners L.

death delivers

S.S.m.P. Interments performed during the first quarter of 2005
were essentially the same as 2004.1 million in 2004.P.

caskets urns

"This decision expands the
number of customers served by John Deere Landscapes and allows the business to
accelerate its potential growth in shareholder value added -- an important
measure for our investors.P. The annual payment of
corporate bonuses of $1,588,000 in March 2005 is a payment of that
nature. Net cash provided by
operating activities in the first quarter 2005 increased $3. The
audio replay of the conference call will be archived on StoneMor's
website at http://stonemor. (Predecessor)
Condensed Consolidated Statement of Operations
(in thousands, except unit data)
(unaudited)

Cornerstone
Family StoneMor
Services, Inc. However, our
calculation of distributable free cash flow may not be consistent with
calculations of free cash flow, distributable cash flow or other
similarly titled measures of other companies.

graveside bert

On September 20, 2004, the business of
Cornerstone Family Services, Inc.4%.1
million from the first quarter of 2004 as a result of increased
revenue recognized of $2. Please see the
discussion of non-GAAP financial measures within this press release .P.

StoneMor Partners L.

StoneMor Partners L.

markers funeral

The revenue increase during the first
quarter of 14. The number of contracts
written decreased in the first quarter of 2005 from the first quarter
of 2004 by 6.4 million less than 2004 due to the debt
restructuring that occurred at the time of the Partnership's recent
public offering.
The increased servicing of products, which is
approximately equivalent to new contracts sold, was the main reason
for the deferred cemetery revenue activity remaining unchanged.

bert twilite

8 million in the first three months of 2005
as compared to a net loss of $1.
StoneMor's cemetery products and services , which are sold on both a
pre-need (before death) and at-need (at death) basis, include: burial
lots , lawn and mausoleum crypts, burial vaults, caskets, memorials and
other related deathcare services ., please
visit StoneMor's website, and the Investor Relations section, at
http://stonemor.

funeral hepburn


Deere enhances leadership position in wholesale landscape industry -- page
two John Deere Landscapes -- which is headquartered in Alpharetta, Georgia --
will add the United Green Mark stores to the existing 250 John Deere
Landscapes stores across the U. Deere said the transaction
allows the company to accelerate its entry and penetration in the key states
of the western U. and its subsidiaries was contributed
to StoneMor Partners L. Please see the reconciliation to GAAP
measures within this press release.

bert markers


"The acquisition of United Green Mark is supportive of our aspiration to
grow a business as great as our products," said Robert W. Lane, Deere +
Company chairman and chief executive officer.
Deere + Company (NYSE: DE) is the world's leading manufacturer of
agricultural and forestry equipment; a leading supplier of equipment used in
lawn, grounds and turf care; and a major manufacturer of construction
equipment.----StoneMor Partners
L. Operating results for the first quarter ended
March 31, 2004 reflect the operating results of Cornerstone Family
Services , Inc. Our experience and
industry contacts have provided us with multiple opportunities that we
continue to review.4%.3% in revenues from at-need sales; additionally,
operating profit from the Partnership 's funeral homes increased to
$0.0
million resulting from our September 2004 refinancing, partially
offset by increases in directors' and officers' insurance premiums,
professional fees, and increased commissions recognized related to the
higher level of merchandise and services delivered. As previously indicated, many of these
contracts can be fully paid, as cash collected is not a factor in
revenue recognition. The words "believe," "may," "will," "estimate,"
"continues," "anticipate," "intend, " "project," "expect,"
"anticipate," "predict" and similar expressions identify these
forward-looking statements.

normally bert


The following table summarizes selected comparative items that the
Partnership believes is representative of its operating performance
for the periods presented.

Three Months Ended
March 31 ,
-------------------
2004 2005
-------- --------
(in thousands)

Total Revenues $18,468 $21,107
Operating Profit $ 1,101 $ 2,559
Net Income (Loss ) $(1,388) $ 758
Distributable Free Cash Flow (a) $ 4,114

(a) This is a non-GAAP financial measure, as defined by the Securities
and Exchange Commission.

Lawrence Miller, Chief Executive Officer of StoneMor GP LLC, the
general partner of StoneMor Partners L. Miller continued, "We continue to evaluate potential cemetery
acquisitions as a strategy to grow our business. Shane, Executive Vice President and Chief Financial
Officer of StoneMor GP LLC, stated, "Our company continues to improve
revenues, operating profit and net earnings . The reservation number for the audio replay is 21245490. The Company assumes no obligation to
publicly update or revise any forward-looking statements made herein
or any other forward-looking statements made by us, whether as a
result of new information, future events or otherwise.P.

normally caskets

, stated, "We are delighted
to announce the results for our first quarter ended March 31, 2005."
William R.6
million , or 14.

burial intended

"
United Green Mark has 41 locations in the western United States, mainly in
California , and was previously owned by Olympus Partners, a private equity
firm headquartered in Stamford, Connecticut .P. The primary reasons for the increase in operating profit were:
an increase in product deliveries of 34% from pre-need sales, coupled
with an increase of 5.

atlanta cremation

0 million ($0.4625 per unit) was paid on May 13,
2005."
Mr.2%.

Non-GAAP Financial Measures

Distributable Free Cash Flow

We present distributable free cash flow because management
believes this information is a useful adjunct to net cash provided by
operating activities under GAAP.

intended hepburn



Business Editors

BRISTOL , Pa. In
spite of the nature of GAAP revenue recognition accounting principles,
which do not allow us to recognize revenues from pre-need sales until
the merchandise is delivered or the services are performed, we
realized net income of $0. The improvements for the
quarter ended March 31, 2005 were attributable to our continuing
commitment to purchase and deliver products and perform services in
advance of the time of need."
The Company's operating data is important in evaluating its
performance .5 million, or
132. A
reconciliation between net cash provided by operating activities (the
GAAP financial measure the Company believes is most directly
comparable to distributable free cash flow ) and distributable free
cash flow for the quarter ended March 31, 2005 follows:

Net cash provided by operating activities $3,342

Maintenance capital expenditures not funded by the public
offering proceeds (562)

Debt payments not funded by the public offering proceeds ---

Payment of state taxes related to the conversion to an MLP 143

Annual payment of corporate bonuses for 2004 paid in March
2005 1,588

Quarterly reserve for payment of annual bonuses (397)
-------

Distributable free cash flow $4,114
=======

Periodically, the Partnership makes payments during a quarter that
are related to activities for the entire year. The Partnership intends to repay this borrowing
within the next 12 months.m.
------------- - --------------
Three months ended March 31,
-----------------------------
2004 2005
-------------- -------- ------
Revenues:
Cemetery $ 17,969 $ 20,486
Funeral home 499 621
-------------- --------------
Total revenues 18,468 21 ,107
-------------- --------------

Costs and Expenses:
Cost of goods sold (exclusive of
depreciation shown separately below):
Land and crypts 828 963
Perpetual care 633 615
Merchandise 763 1,295
Cemetery expense 4,673 4,717
Selling expense 3,855 4,226
General and administrative expense 2,483 2,378
Corporate overhead 2,435 3,075
Depreciation and amortization 1,265 845
Funeral home expense 432 434
-------------- ----------- ---
Total cost and expenses 17,367 18,548
-------------- --------------

OPERATING PROFIT 1,101 2,559

INTEREST EXPENSE 2,532 1 ,581
-------------- --------------

INCOME / (LOSS ) BEFORE INCOME TAXES (1,431) 978

INCOME TAXES (BENEFIT):
State and franchise taxes 312 40
Federal (355) 180
-------------- ---------- ----
Total income taxes (benefit) (43) 220
-------------- --------------

NET INCOME (LOSS) (1,388) 758
============== ==============


Supplemental information for the period
from January 1, 2005 to March 31, 2005:
- ---------------------------------------
Net income $ 758
General partner's interest in net income
for the period $ 15

Limited partners' interest in net income
for the period
Common $ 371
Subordinated $ 371

Net income per limited partner (common)
unit (basic and diluted) $ .

cremation caskets

We
believe that the first quarter results are indicative of our company's
focus of managing primarily for distributable free cash flow, and
secondarily for operating profits and revenues. Our first quarter
distribution of $4.1% was specifically related to this effort. In order to fund unit
distributions, the Partnership borrowed $1,600,000 from its working
capital line of credit after March 31, 2005 in accordance with its
partnership agreement.

Investors' Conference Call

An investors' conference call to review the 2005 first quarter
results will be held on Monday, May 16, 2005, at 11:00 a. Eastern
Time.
For additional information about StoneMor Partners L.

This category is intended for suppliers of caskets, urns, burial vaults, monuments and other funeral supplies which are normally purchased by the family of the deceased .

caskets twilite


Financial details of the transaction were not made available.hillenbrand.com or access it directly at
http://www. Cemetery revenues per interment
performed, however, increased $451, or 15.com

Forward-Looking Statements

Certain statements contained in this press release, including, but
not limited to, information regarding the status and progress of the
Company's operating activities , the plans and objectives of the
Company's management, assumptions regarding the Company's future
performance and plans, and any financial guidance provided, as well as
certain information in other filings with the SEC and elsewhere are
forward-looking statements within the meaning of Section 27A(i) of the
Securities Act of 1933 and Section 21E(i) of the Securities Exchange
Act of 1934 .P.
Distributable free cash flow is similar to quantitative standards
of free cash flow used throughout the death care industry and to
quantitative standards of distributable cash flow used throughout the
investment community with respect to publicly traded partnerships, but
is not intended to be a prediction of the future.

hepburn intended

2 million during the quarter, and amortization of the company's
credit facility was $0. The access number for the audio replay is as follows: (800)
633-8284. These forward -looking statements are made
subject to certain risks and uncertainties that could cause actual
results to differ materially from those stated, including, but not
limited to, the following: uncertainties associated with future
revenue and revenue growth; the impact of the Company's significant
leverage on its operating plans; the ability of the Company to service
its debt; the Company's ability to attract, train and retain an
adequate number of sales people; uncertainties associated with the
volume and timing of pre-need sales of cemetery services and products;
variances in death rates; variances in the use of cremation; changes
in the political or regulatory environments, including potential
changes in tax and GAAP accounting and trust policies; the Company's
ability to successfully implement a strategic plan relating to
producing operating improvement, strong cash flows and further
deleveraging; and various other uncertainties associated with the
death care industry and the Company's operations in particular.

cemetery burial

Deere + Company Enhances Leadership Position in Wholesale Landscape Industry

that are served by United Green Mark locations. Additionally, John Deere manufactures engines used in heavy
equipment and provides financial services and other related activities that
support the core businesses .


Hillenbrand Industries Invites You to Listen to Its Presentation at the Merrill Lynch Deathcare Investor Conference

It is also a provider of medical
equipment outsourcing and asset management services.6 million, decreased interest expense of $1.
The Company continues to monitor its deferred cemetery revenue,
net., headquartered in Bristol, Pennsylvania, is
an owner and operator of cemeteries in the United States, with 132
cemeteries in 12 states. (Predecessor)
Condensed Consolidated Balance Sheets
(in thousands)
(unaudited)

December 31, March 31,
2004 2005
------------ ------------
ASSETS
CURRENT ASSETS:
Cash and cash equivalents $ 14,474 $ 12,405
Accounts receivable, net of allowance 25,479 25,673
Prepaid expenses 1,778 2,617
Other current assets 861 1,036
------------ ------------
Total current assets 42,592 41,731

LONG-TERM ACCOUNTS RECEIVABLE - net of
allowance 32,402 31,378
CEMETERY PROPERTY 150,215 149,606
PROPERTY AND EQUIPMENT 22,616 22,724
MERCHANDISE TRUSTS, restricted, at fair
value 114,798 109,981
PERPETUAL CARE TRUSTS, restricted , at fair
value 127,949 126,501
DEFERRED FINANCING COSTS - net of
accumulated amortization 2,551 2,376
OTHER ASSETS 1,344 1,350
------------ ------------
TOTAL ASSETS 494,467 485 ,647
============ ============

LIABILITIES AND PARTNERS' EQUITY
CURRENT LIABILITIES:
Accounts payable and accrued liabilities 6,136 4,252
Accrued interest 162 162
------------ ------------
Total current liabilities 6,298 4,414

LONG-TERM DEBT 80,000 80,000
DEFERRED CEMETERY REVENUES, net 127,426 127,207
MERCHANDISE LIABILITY 37,477 35,888
--- --------- ------------
TOTAL LIABILITIES 251,201 247,509
------------ ------------

COMMITMENTS AND CONTINGENCIES
NON-CONTROLLING INTEREST IN PERPETUAL CARE
TRUSTS 127 ,949 126,501

PARTNERS' EQUITY
General partner 1,663 1,589
Limited partners:
Common 72,892 71,089
Subordinated 40,762 38,959
------------ ------------
Total partners' equity 115,317 111,637
------------ ------- -----

TOTAL LIABILITIES AND PARTNERS' EQUITY $ 494,467 $ 485,647
============ ============

See accompanying notes to the Consolidated Financial Statements in
Form 10-K Report for the year ended December 31, 2004.

coffins graveside

P. This account totaled $127.
An audio replay of the conference call will be available through May
31, 2005.
Successor to Cornerstone Family Services, Inc. Partners L.09

Weighted average number of limited
partners ' units outstanding
(basic and diluted) 8,480

See accompanying notes to the Consolidated Financial Statements in
Form 10-K Report for the year ended December 31, 2004.

markers casket

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