In 1963 Matiasek was awarded the Austrian Theaterdirektoren-Preis, in 1992 the Order of Merit of the Federal Republic of Germany first class and in 1993 the Austrian Decoration of Honour for Science and Art; in 1996 he was awarded the Bavarian Order of Merit; in 2003 he received the and in 2008 the award "" of the Free State of Bavaria.