Xerox Canada Inc. Declares Dividend on Class B Shares

TORONTO , Oct. 15 /CNW/ - Xerox Canada Inc.'s board of directors today declared a quarterly cash dividend on the Non-Voting Exchangeable Class B Shares. The dividend of the Canadian currency equivalent of 8.5 cents (U.S.) per Non-Voting Exchangeable Class B Share will be payable on January 29, 2010 to Xerox Canada Inc. shareholders of record on December 31, 2009 . The Canadian currency equivalent to U.S. currency will be determined based on the Bank of Canada noon spot rate on December 31, 2009 . This dividend is designated as an "eligible dividend" as defined in subsection 89(1) of the Income Tax Act ( Canada ).

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.

Xerox(R), the Xerox wordmark and the spherical connection symbol are trademarks of Xerox Corporation in the United States and/or other countries.

For more information on Xerox Canada , visit http://www.xerox.com.

For further information: Media Contact: Bill McKee, Xerox Canada, [phone] (office) or [phone] (mobile), [email protected]