Justice Department Closes Investigation of Pitney Bowes

Press release from the issuing company

STAMFORD, Conn., February 19, 2002 - Earlier this month, Pitney Bowes Inc. was advised by the Justice Department's Antitrust Division that its antitrust investigation of the company has been closed with no action. The investigation was opened through the issuance of a Civil Investigative Demand in June 1999. Pitney Bowes is a $4.1 billion global provider of integrated mail and document management solutions, headquartered in Stamford, Connecticut. The company serves over 2 million businesses of all sizes through dealer and direct operations.