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Xerox Expects to Raise $400 Million Through Senior Note Offering

Press release from the issuing company

STAMFORD, Conn.--Aug. 4, 2004-- Xerox Corporation expects to raise $400 million through a senior unsecured note offering announced today. Proceeds from the offering, which is subject to market and other conditions, will be used for general corporate purposes. Due 2011 and denominated in U.S. dollars, the notes will be issued by Xerox and sold under the company's $2.5 billion universal shelf registration statement.