For SEC Filing
Purposes Only:
Rule 424(b)(5)
File No. 333-01857
Prospectus Supplement to Prospectus Dated March 28, 1996
SERVICE CORPORATION INTERNATIONAL
Terms of 5.25% Convertible Debentures, Series X, Due 2007
Title: 5.25% Convertible Debentures, Series X, due 2007 (the
"Debentures").
Principal Amount: $4,000,000 in aggregate principal amount of the
Debentures will be issued as a portion of the
consideration for the outstanding capital stock of
Estes-Leadley Company.
Conversion Price: $40.00 per share, subject to adjustment.
Conversion Date: On or after November 5, 1998.
Maturity Date: November 4, 2007.
Interest Rate: 5.25% per annum accruing from November 4, 1997.
Federal Tax Matters: The applicable federal rate on long-term
indebtedness for November 1997, compounded quarterly, is
6.27% for purposes of determining the original issue
discount applicable to the Debentures for federal income
tax purposes. The original issue discount per $1,000
principal amount of the Debentures is $75.47.
Other Matters: Payments of principal and interest on the Debentures
are subject to the Company's rights of set-off as
provided in the agreement governing the acquisition.
The Date of this Supplement is October 30, 1997.
