The decision is subject to a number of conditions, including the requirement that holders of Xerox Canada Inc.'s Class B exchangeable shares receive all disclosure materials that Xerox Corporation is required to send to holders of Xerox Corporation common shares under applicable securities legislation, and that Xerox Corporation continues to be the beneficial owner of all voting securities of Xerox Canada Inc. Xerox Canada Inc.'s obligation to make timely disclosure of material changes that occur in its affairs, but not also in the affairs of Xerox Corporation, is not affected by the decision of the securities regulators.
Except for the alternative annual and interim financial information to be provided to its shareholders, Xerox Canada Inc. will be relying on the continuous disclosure documents filed by Xerox Corporation. Copies of these documents can be found on SEDAR at http://www.sedar.com, on Xerox Corporation's Investor Relations website at http://www.xerox.com/investor and on the U.S. Securities and Exchange Commission (EDGAR) website at www.sec.gov/edgar.shtml.
For more detailed information, please refer to the MRRS Decision Document dated April XX, 2008 on the OSC website at: http://www.osc.gov.on.ca./Regulation/Orders/2008/ord_2008_index.jsp
Laura Mergelas, Xerox Canada, 416-733-6216, email@example.com
Mike Moeller, Xerox Canada, 203-849-2469, firstname.lastname@example.org
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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