1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 - STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). 1. Name and Address of Reporting Person: Keeley, Lawrence W., Jr. Two NorthShore Center Pittsburgh, PA 15212 2. Issuer Name and Ticker or Trading Symbol: Matthews International Corporation - MATW 3. IRS Identification Number of Reporting Person (Voluntary): 4. Statement for Month/Day/Year: February 24, 2003 5. If Amendment, Date of Original (Month/Day/Year): 6. Relationship of Reporting Person(s) to Issuer (Check all applicable): ( ) Director (X) Officer ( ) 10% Owner ( ) Other (title below) (specify below) President, Graphic Systems Division 7. Individual or Joint/Group Filing (Check Applicable Line): (X) Form filed by one Reporting Person ( ) Form filed by more than one Reporting Person

|----------------------------------------------------------------------------------------------------------------------| | Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | |----------------------------------------------------------------------------------------------------------------------| |1. Title of Security |2. Trans- |3. Trans-|4. Securities Acquired (A) |5. Amount of |6. Owner- |7. Nature of | | | action | action | or Disposed of (D) | Securities | ship Form:| Indirect | | | Date | Code | | Beneficially | Direct(D) | Beneficial | | | (Month/ | | | Owned at | or In- | Ownership | | | Day/ |---------|----------------------------| End of Period | direct(I) | | | | Year) |Code | V | Amount |A/D| Price | | | | |----------------------------------------------------------------------------------------------------------------------| | | | || || | | | | |Class A Common Stock | 02/1921/03 | M | | 210,~~185~~149 | A | $12.84 | | | | |----------------------------------------------------------------------------------------------------------------------| |Class A Common Stock | 02/1921/03 | S | | 26,~~185~~800 | D | $22.53 | | | | |----------------------------------------------------------------------------------------------------------------------| |Class A Common Stock | 02/2024/03 | MS | | ~~1,000~~15 | AD | $1222.8451 | 7,756 | D | | |----------------------------------------------------------------------------------------------------------------------| |~~Class~~ ~~A Common Stock~~ | ~~02/20/03~~ | S | | ~~1,000~~ | D | ~~$22.53~~ | ~~4,422~~ | D | | |----------------------------------------------------------------------------------------------------------------------| 2 |---------------------------------------------------------------------------------------------------------------------------------| | Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | |---------------------------------------------------------------------------------------------------------------------------------| |1. Title of |2. |3. |4. |5. Number of|6. Date Exer- |7. Title and |8. |9. Number |10. |11. | | Derivative | Conver- | Trans- | Trans- | Derivative | cisable and | Amount of |Price |of Deriva-|Owner-|Nature| | Security | sion or | action | action | Securities | Expiration | Underlying |of |tive |ship |of In-| | | Exercise | Date | Code | Acquired(A)| Date (Month/ | Securities |Deri- |Securities|Form |direct| | | Price of |(Month/ | | or Dis- | Day/Year) |---------------------|vative|Benefi- |at End|Bene- | | | Deriva- | Day/ | | posed of(D)|-----------------| |Amount |Secu- |ficially |of |ficial| | | tive | Year) |--------|------------| Date | Expir- | |or Num- |rity |Owned at |Month |Owner-| | | Security | | | | | Exerci-| ation | |ber of | |End of | |ship | | | | |Code| V | Amount |A/D| sable | Date | Title |Shares | |Period | | | |---------------------------------------------------------------------------------------------------------------------------------| | | | | || || | | | | | | | | |Employee Stock | | | | | | | | |Class A | | | | | | | Option | $12.84 |02/1921/03| M | | 210,~~185~~149 | D |10/26/02|10/26/09|Common Stock| 210,~~185~~149 |$12.84| | | | |---------------------------------------------------------------------------------------------------------------------------------| |Employee Stock | | | | | | | | |Class A | | | | | | | Option | $12.84 |02/20/03| M | | 1,000 | D |10/26~~/02|10/26/09|Common Stock| 1~~,~~000~~666 |~~$12.84|~~ ~~36,815 |~~ D | | |---------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |---------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |---------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |---------------------------------------------------------------------------------------------------------------------------------|

Explanation of Responses: ----------------------------- ---------- Signature Of Reporting Person Date

Filing Compare · KEELEY LAWRENCE W