Sec Form 4 Filing - Loring Harris E III @ SERVICE CORPORATION INTERNATIONAL - 2007-03-13

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Loring Harris E III 2. Issuer Name and Ticker or Trading Symbol SERVICE CORPORATION INTERNATIONAL [ SCI] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) VP Treasurer (Last) (First) (Middle) 1929 ALLEN PARKWAY 3. Date of Earliest Transaction (MM/DD/YY) 03/13/2007 (Street) HOUSTON, TX77019 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 03/13/2007 M 15,000 A $ 2.815 29,300 D Common Stock 03/13/2007 M 6,350 A $ 6.805 35,650 D Common Stock 03/13/2007 M 21,466 A $ 6.9 57,116 D Common Stock 03/13/2007 M 7,900 A $ 8.24 65,016 D Common Stock 03/13/2007 S 41,016 D $ 12.1 24,000 D Common Stock 03/13/2007 S 9,700 D $ 12.11 14,300 D Common Stock 14,680 I By 401(k) plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Employee Stock Option (right to buy) $ 2.815 03/13/2007 M 15,000 08/13/2003( 1 ) 08/13/2007 Common Stock 15,000 $ 0 0 D Employee Stock Option (right to buy) $ 6.805 03/13/2007 M 6,350 02/10/2005( 2 ) 02/10/2012 Common Stock 6,350 $ 0 0 D Employee Stock Option (right to buy) $ 6.9 03/13/2007 M 21,466 02/08/2006( 3 ) 02/08/2013 Common Stock 21,466 $ 0 10,734 D Employee Stock Option (right to buy) $ 8.24 03/13/2007 M 7,900 02/07/2007( 4 ) 02/07/2014 Common Stock 7,900 $ 0 15,800 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Loring Harris E III 1929 ALLEN PARKWAY HOUSTON, TX77019 VP Treasurer Signatures Harris E. Loring, III 03/15/2007 Signature of Reporting Person Date

Explanation of Responses:

( 1 )1 The option vested in three equal installments on 8/13/2003, 8/13/2004 and 8/13/2005. ( 2 )2 The option vested in three equal installments on 2/10/2005, 2/10/2006 and 2/10/2007. ( 3 )3 The option vested 10733 shares on each of 2/8/2006 and 2/8/2007. ( 4 )4 The option vested 7900 shares on 2/7/2007.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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