Rough Stone Effect

1. Open Photoshop 7.0. Create new file with 72 PPI and white background. Type the text and fill it with 35% gray from the Swatches.

2. Filter > Noise > Add Noise
Rasterize the text when asked for.
(Amount 16 - Gaussian - Monochromatic )

3. Layer > Layer Style > Bevel & Emboss
( Chisel Hard - depth 400 size 7 )
Select Drop Shadow and Texture under Bevel & Emboss styles

4. Decorate the effect by adding dark background.