Attention Loewen Group Inc. Investors; Shareholder Class Action Filed By The Law Firm Of Abbey, Gardy & Squitieri, LLP.

NEW YORK--(BUSINESS WIRE)--Jan. 6, 1999--

The following statement was issued today by the law firm of Abbey, Gardy & Squitieri, LLP:

Notice is hereby given that a class action lawsuit was filed in the United States District Court for the Eastern District of New York against Loewen Group Inc. (NYSE, TSE, ME: LWN) and certain of it officers and directors for violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as amended, and Rule 10b-5 promulgated thereunder.

If you purchased Loewen Group Inc. common stock between March 5, 1997 and November 5, 1998, you may, not later than March 1, 1999, move the court to serve as a lead plaintiff of a class action seeking to recover damages on behalf of all similarly-situated purchasers of Loewen Group Inc. common stock, excluding the defendants and their affiliates.

In order to serve as a lead plaintiff, you must meet certain legal requirements. If you wish to discuss this action, or have any questions concerning this notice or your rights or interests, please Contact:

Stephen J. Fearon, Esq.

Karin E. Fisch, Esq.

James S. Notis, Esq.

Abbey, Gardy & Squitieri, LLP

212 East 39th Street

New York, New York 10016

TELEPHONE: [phone] or 212/889-3700

FAX: [phone]

E-MAIL: [e-mail]

OR

Nadeem Faruqi, Esq.

Faruqi & Faruqi, L.L.P.

415 Madison Avenue

New York, New York 10017

TELEPHONE: [phone] or 212/986-1074

FAX: [phone]

E-MAIL: [e-mail]