TORONTO, ON -- Xerox Canada Inc.'s board of directors today declared a quarterly cash dividend on the Non-Voting Exchangeable Class B Shares. The dividend of the Canadian currency equivalent of 8.5 cents (U.S.) per Non-Voting Exchangeable Class B Share will be payable on April 30 to Xerox Canada Inc. shareholders of record on March 31. The Canadian currency equivalent to U.S. currency will be determined based on the Bank of Canada spot rate at noon on March 31.

-XXX-


Media Contacts:
Laura Mergelas, Xerox Canada, 416-733-6216, laura.mergelas@xerox.com
Mike Moeller, Xerox Canada, 203-849-2469, michael.moeller@xerox.com

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.

Note: For more information on Xerox, visit http://www.xerox.com or http://www.xerox.com/citizenship . For open commentary and industry perspectives visit http://www.xerox.com/blogs or http://www.xerox.com/podcasts
Xerox, High Yield Business Paper™, the Xerox wordmark and the spherical connection symbol are trademarks of Xerox Corporation in the United States and/or other countries.