Xerox Canada Inc. Declares Dividend on Class B Shares

TORONTO, May 20 /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 July 30, 2010 to Xerox Canada Inc. shareholders of record on June 30, 2010. The Canadian currency equivalent to U.S. currency will be determined based on the Bank of Canada noon spot rate on June 30, 2010. 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.

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