Xerox Declares Dividend on Common and Preferred Stock

  Xerox Declares Dividend on Common and Preferred Stock

Business Wire

NORWALK, Conn. -- May 21, 2013

Xerox's (NYSE: XRX) board of directors today declared a quarterly cash
dividend of 5.75 cents per share on Xerox common stock. The dividend is
payable on July 31, 2013 to shareholders of record on June 28, 2013.

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
July 1, 2013 to shareholders of record on June 15, 2013.

About Xerox

Since the invention of Xerography 75 years ago, the people of Xerox (NYSE:
XRX) have helped businesses simplify the way work gets done. Today, we are the
global leader in business process and document management, helping people be
more efficient so they can focus on their real business. Headquartered in
Norwalk, Conn., more than 140,000 Xerox employees serve clients in 160
countries, providing business services, printing equipment and software for
commercial and government organizations. Learn more at www.xerox.com.

Note: To receive RSS news feeds, visit http://news.xerox.com/rss. For open
commentary, industry perspectives and views visit
http://www.linkedin.com/company/xerox, http://twitter.com/xeroxcorp,
http://realbusinessatxerox.blogs.xerox.com, http://www.facebook.com/XeroxCorp,
http://www.youtube.com/XeroxCorp.

Xerox^®, Xerox and Design^® are trademarks of Xerox in the United States
and/or other countries.

Contact:

Media:
Xerox,
Ken Ericson, +1-410-571-0161,
Kenneth.Ericson@xerox.com
Xerox,
Karen Arena, +1-203-849-5521,
Karen.Arena@xerox.com