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Dividends Declared on Xerox Stock

Wednesday, February 07, 2001

Press release from the issuing company

STAMFORD, N.Y., Feb. 5, 2001  -- Xerox Corporation's (NYSE: XRX) Board of Directors today declared the regular quarterly dividends on the company's common and preferred stock, both unchanged from the previous quarter and payable April 1, 2001 to shareholders of record March 2, 2001. Payments will be 5 cents per share on the common stock and $1.5625 per share on the Series B convertible preferred stock issued in connection with the Xerox employee stock ownership program.




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