Exhibit 99.1


                        SERVICE CORPORATION INTERNATIONAL
           ANNOUNCES COMPLETION OF MERGER WITH ALDERWOODS GROUP, INC.


HOUSTON, Texas, November 28, 2006 . . . Service Corporation International (NYSE:
SCI) announced today that it has completed its acquisition of Alderwoods Group,
Inc. (Nasdaq: AWGI). Under the terms of the merger agreement, each outstanding
share of Alderwoods' common stock has been converted into the right to receive
$20.00 in cash, without interest. As a result of the acquisition, the common
stock of Alderwoods will cease to be publicly traded and, accordingly, will no
longer be listed on The Nasdaq Stock Market, Inc.

MERGER TRANSACTION
The Bank of New York Trust Company, N.A. will act as the paying agent in the
merger and will mail to former Alderwoods stockholders a letter of transmittal
and instructions for receiving payment of the merger consideration. Holders of
Alderwoods common stock certificates will receive the merger consideration soon
after submitting a properly completed letter of transmittal to The Bank of New
York Trust Company, N.A. All questions relating to receipt of the merger
consideration should be directed to The Bank of New York Trust Company, N.A. at
(214) 880-8238. Alderwoods stockholders whose shares are held by a broker, bank
or other nominee should contact such broker, bank or other nominee regarding
receipt of the merger consideration.

TENDER OFFERS
SCI announced that, pursuant to the terms of its previously announced cash
tender offer and consent solicitation for certain of its 7.70% Senior Notes due
2009, CUSIP Nos. 817565AX2, 817565AV6 and B17565AW4 (the "SCI 7.70% Notes"), SCI
has accepted for payment $139,047,000 aggregate principal amount, constituting
approximately 96.25% of the SCI 7.70% Notes. SCI also announced that the
supplemental indenture to the indenture governing the SCI 7.70% Notes, executed
on November 28, 2006, is now operative.

SCI announced that, pursuant to the terms of Alderwoods' previously announced
cash tender offer and consent solicitation for Alderwoods' 7.75% Senior Notes
due 2012, CUSIP No. 014383AFO (the "Alderwoods 7.75% Notes"), Alderwoods has
accepted for payment $200 million aggregate principal amount, constituting all
of the Alderwoods 7.75% Notes.

NEW CREDIT FACILITY
On November 28, 2006, SCI also entered into a new 5-year, $450 million senior
credit facility (the "Credit Facility") with a syndicate of financial
institutions, comprised of a $300 million revolving credit facility, which
replaces SCI's former $200 million revolving credit facility, and a $150 million
term loan facility. SCI funded the $150 million term loan (the "Term Loan")
under the Credit Facility. The $300 million revolving credit facility remains
undrawn. The proceeds of the Term Loan, together with cash on hand and other
financings, are being used to pay the merger consideration, to purchase the SCI
7.70% Notes and the Alderwoods 7.75% Notes and to pay related costs and
expenses.










RELEASE OF ESCROWED FUNDS FROM PRIVATE OFFERING
On October 3, 2006, SCI announced the completion of a private offering of $500
million aggregate principal amount of unsecured senior notes, consisting of $250
million aggregate principal amount of 7 3/8% Senior Notes due 2014 and $250
million aggregate principal amount of 7 5/8% Senior Notes due 2018. The net
proceeds of each series of notes, previously held in separate escrow accounts
pending the consummation of the acquisition of Alderwoods and related
transactions, has now been released.

ADDITIONAL PRIVATELY PLACED NOTES
On November 28, 2006, SCI sold $200 million aggregate principal amount of
unsecured senior notes, consisting of $50 million of Floating Rate Series A
Senior Notes due 2011 and $150 million of Floating Rate Series B Notes due 2011
(collectively, the "Notes"). The Notes have not been registered under the
Securities Act of 1933, as amended, and may not be offered or sold in the United
States absent registration or an applicable exemption therefrom. The proceeds of
the Notes, together with cash on hand and other financings, will be used to pay
the merger consideration and to refinance certain other indebtedness.

FORWARD-LOOKING STATEMENTS
Certain statements contained in this press release regarding expected future
events, as well as certain information in other filings with the Securities
Exchange Commission ("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. The words "believe," "will," "continue,"
"expect" and similar expressions identify these forward-looking statements.
These forward-looking statements are based on the current expectations and
beliefs of SCI management and are subject to certain risks and uncertainties
that could cause actual results to differ materially from those stated,
including, but not limited to, various uncertainties associated with the funeral
service industry in general and Alderwoods' and SCI's operations in particular.
Additional factors that may affect future results are contained in Alderwoods'
and SCI's periodic reports filed with the SEC, especially under the headings
"Forward-Looking Statements" and "Risk Factors." Alderwoods and SCI undertake no
obligation to publicly release any revisions to these forward-looking statements
to reflect events or circumstances after the date hereof or to reflect the
occurrence of unanticipated events.

ABOUT SERVICE CORPORATION INTERNATIONAL
Service Corporation International (NYSE: SCI), headquartered in Houston, Texas,
is North America's leading provider of deathcare products and services. At
September 30, 2006 and pro forma for the merger, we owned and operated 1,405
funeral homes, 214 cemeteries, and 234 combination funeral homes and cemeteries
in 46 states, eight Canadian provinces, the District of Columbia and Puerto
Rico. Through our businesses, we market the Dignity Memorial(R) brand which
offers assurance of quality, value, caring service and exceptional customer
satisfaction. For more information about Service Corporation International,
please visit our website at WWW.SCI-CORP.COM. For more information about Dignity
Memorial(R) please visit WWW.DIGNITYMEMORIAL.COM.



CONTACTS

Investors:  Debbie Young - Director / Investor Relations         (713) 525-9088

Media:  Greg Bolton - Director / Corporate Communications        (713) 525-5235