SERVICE CORP INTERNATIONAL — Director's Dealing 2007

Nov 14, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SERVICE CORPORATION INTERNATIONAL (SCI)
CIK: 0000089089
Period of Report: 2007-11-12

Reporting Person: WALTRIP R L (Director, Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-11-12	Common Stock	M	51300	$6.6563	Acquired	810764	Direct
2007-11-12	Common Stock	S	26300	$13.50	Disposed	784464	Direct
2007-11-12	Common Stock	S	3200	$13.53	Disposed	781264	Direct
2007-11-12	Common Stock	S	500	$13.54	Disposed	780764	Direct
2007-11-12	Common Stock	S	17800	$13.55	Disposed	762964	Direct
2007-11-12	Common Stock	S	1800	$13.56	Disposed	761164	Direct
2007-11-12	Common Stock	S	300	$13.57	Disposed	760864	Direct
2007-11-12	Common Stock	S	1400	$13.58	Disposed	759464	Direct
2007-11-13	Common Stock	M	372500	$6.6563	Acquired	1131964	Direct
2007-11-13	Common Stock	S	198838	$13.50	Disposed	933126	Direct
2007-11-13	Common Stock	S	6962	$13.51	Disposed	926164	Direct
2007-11-13	Common Stock	S	18200	$13.52	Disposed	907964	Direct
2007-11-13	Common Stock	S	16500	$13.53	Disposed	891464	Direct
2007-11-13	Common Stock	S	11800	$13.54	Disposed	879664	Direct
2007-11-13	Common Stock	S	41200	$13.55	Disposed	838464	Direct
2007-11-13	Common Stock	S	5900	$13.56	Disposed	832564	Direct
2007-11-13	Common Stock	S	16600	$13.57	Disposed	815964	Direct
2007-11-13	Common Stock	S	20100	$13.58	Disposed	795864	Direct
2007-11-13	Common Stock	S	18900	$13.59	Disposed	776964	Direct
2007-11-13	Common Stock	S	17500	$13.60	Disposed	759464	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-11-12	Employee Stock Option (right to buy)	$6.6563	M	51300	Disposed	2008-01-12	Common Stock (51300)	Direct
2007-11-13	Employee Stock Option (right to buy)	$6.6563	M	372500	Disposed	2008-01-12	Common Stock (372500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	470133	Indirect
Common Stock	367150	Indirect
Common Stock	101234	Indirect
Common Stock	25114	Indirect

Footnotes

F1: The indicated shares are held in trusts under will of Wanda A. McGee.

F2: Beneficial ownership of the indicated shares is disclaimed.

F3: The indicated shares are held by three Wanda A. McGee 1972 Trusts.

F4: The indicated shares are held by the Robert L. Waltrip Family Trusts.