8-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 27, 2005

Carriage Services, Inc.

(Exact name of registrant as specified in is charter)

Delaware	1-11961	76-0423828
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

1900 St. James Place, 4^th Floor
Houston, Texas 77056

(Address, including zip code, of principal executive offices)

Registrant’s telephone number, including area code:

(713) 332-8400

o Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01.   Regulation FD Disclosure

On January 27, 2005, the Company issued a press release announcing the completion of its previously announced $130 million senior notes offering.   A copy of the press release issued by the Company is attached hereto as Exhibit 99.1.

The press release and information in this report are being furnished in accordance with Regulation FD and not “filed” with the Securities and Exchange Commission. Accordingly, the information in this report is not incorporated by reference into any registration statement filed by the Company under the Securities Act of 1933, as amended, and will not be so incorporated by reference into any future registration statement unless specifically identified as being incorporated by reference.

Item 9.01.  Financial Statements and Exhibits.

(c)Exhibits

Item	Description
99.1	Press Release dated January 27, 2005

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, Carriage Services, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	CARRIAGE SERVICES, INC.
Date: January 27, 2005	By:	/s/JosephSaporito
		Joseph Saporito
		Executive Vice President and Chief Financial Officer

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INDEX TO EXHIBITS

Exhibit	Description
99.1	Press Release dated January 27, 2005

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EX-99.1

Exhibit 99.1

		PRESS RELEASE
	Contacts:		Mel Payne, Chairman & CEO
			Joe Saporito, CFO
			Carriage Services, Inc.
FOR IMMEDIATE RELEASE			713-332-8400
			Ken Dennard / ksdennard@drg-e.com
			Lisa Elliott / lelliott@drg-e.com
			DRG&E / 713-529-6600

CARRIAGE SERVICES COMPLETES OFFERING OF

$130 MILLION SENIOR NOTES DUE 2015

January 27, 2005 – HOUSTON – Carriage Services, Inc. (NYSE: CSV) announced today that it has successfully completed its previously announced private offering of $130 million principal amount of 7.875% Senior Notes due 2015 (Senior Notes). The Company intends to use the net proceeds from the offering to pay in full the principal, interest and make-whole premium on the Company’s existing senior notes due in 2006 and 2008, to bring current the TIDES preferred securities’ unpaid interest that has been deferred since September 2003, to repay all outstanding borrowings under its existing revolving credit facility, and for general working capital purposes.

The Senior Notes were offered in an unregistered offering and may be resold by the initial purchasers pursuant to Rule 144A and Regulation S under the Securities Act of 1933. The Senior Notes were not initially registered under the Securities Act of 1933 or the securities laws of any state and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and any applicable state securities laws.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which the offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

Carriage Services is the fourth largest publicly traded death care company. As of January 27, 2005, Carriage operated 134 funeral homes and 30 cemeteries in 28 states.

Certain statements made herein or elsewhere by, or on behalf of, the Company that are not historical facts are intended to be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.  These statements are based on assumptions that the Company believes are reasonable; however, many important factors, as discussed under “Forward-Looking Statements and Cautionary Statements” in the Company’s Annual Report and Form 10-K for the year ended December 31, 2003, could cause the Company’s results in the future to differ materially from the forward-looking statements made herein and in any other documents or oral presentations made by, or on behalf of, the Company.   The Company assumes no obligation to update or publicly release any revisions to forward-looking statements made herein or any other forward-looking statements made by, or on behalf of, the Company.  A copy of the Company’s Form 10-K, and other Carriage Services information and news releases, are available at www.carriageservices.com.

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