Xerox's (NYSE:XRX) board of directors has declared a 12 percent increase in the company’s quarterly cash dividend to $0.07 per share on Xerox common stock. The dividend is payable on April 30, 2015 to shareholders of record on March 31, 2014.

The board also declared a quarterly cash dividend of $20 per share on Xerox Series A Convertible Perpetual Preferred Stock. The dividend is payable on April 1, 2015 to shareholders of record on March 15, 2015.

About Xerox

Xerox is a global business services, technology and document management company helping organizations transform the way they manage their business processes and information. Headquartered in Norwalk, Conn., we have more than 140,000 Xerox employees and do business in more than 180 countries. Together, we provide business process services, printing equipment, hardware and software technology for managing information -- from data to documents. Learn more at www.xerox.com.

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Xerox® and Xerox and Design® are trademarks of Xerox in the United States and/or other countries.

Media:XeroxKaren Arena, +1-203-849-5521Karen.Arena@xerox.comorBen Rand, +1-585-831-2088Benjamin.Rand@xerox.com

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