Xerox Declares Dividend on Common and Preferred Stock

NORWALK, Conn.– Xerox's (NYSE: XRX) board of directors today declared a quarterly cash dividend of 4.25 cents per share on Xerox common stock.  The dividend is payable on April 30 to shareholders of record on March 30.
 
The board also declared a quarterly cash dividend of $20 per share on Xerox Series A Convertible Perpetual Preferred Stock. The dividend is payable on   April 1 to shareholders of record on March 15.
 
About Xerox
With sales approaching $23 billion, Xerox (NYSE: XRX) is the world’s leading enterprise for business process and document management. Its technology, expertise and services enable workplaces – from small businesses to large global enterprises – to simplify the way work gets done so they operate more effectively and focus more on what matters most: their real business. Headquartered in Norwalk, Conn., Xerox offers business process outsourcing and IT outsourcing services, including data processing, healthcare solutions, HR benefits management, finance support, transportation solutions, and customer relationship management services for commercial and government organizations worldwide.  The company also provides extensive leading-edge document technology, services, software and genuine Xerox supplies for graphic communication and office printing environments of any size. The 140,000 people of Xerox serve clients in more than 160 countries.  For more information, visit http://www.xerox.com, http://news.xerox.com, http://www.realbusiness.com.  For investor information, visit http://www.xerox.com/investor.
 
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Media Contact(s)

Karen Arena
Xerox Corporation
+1-203-849-5521
Ken Ericson
Xerox Corporation and ACS, A Xerox Company
+1-410-571-0161

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