TORONTO, ON -- Xerox Canada Inc.'s board of directors declared a cash dividend on the Class A shares of $4.28376799 per share, for an aggregate dividend payment of $128,500,000. Xerox Corporation owns all the issued and outstanding Class A shares. The dividend will be payable on February 8, 2008.


Media Contacts:
Laura Mergelas, Xerox Canada, 416-733-6216,
Mike Moeller, Xerox Canada, 203-849-2469,

This release contains forward-looking information that is subject to a number of risks and uncertainties that could cause actual results to differ materially from those set forth in, or implied by, such forward-looking information.

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