BW20030407002082  20030407T153201Z UTC


( BW)(XEROX-CORP.)(XRX) Xerox Names Rhonda L. Seegal as Treasurer,
Corporate Officer

    Business Editors
    UK REGULATORY NEWS

    STAMFORD, Conn.--(BUSINESS WIRE)--April 7, 2003--    

Xerox Corporation (NYSE: XRX) today announced the election of Rhonda
L. Seegal as corporate vice president and treasurer, effective April
21. As treasurer, Seegal will be responsible for the capital structure
of the corporation, including developing worldwide funding strategies
as well as serving as the primary interface to the capital markets and
credit rating agencies.

Seegal joins Xerox from Avaya Inc., where she has been vice president
and treasurer since its spin-off from Lucent in the fall of 2000.

"As Xerox continues to further strengthen its operations, Rhonda's
experience and expertise will be important contributors to our
success," said Lawrence A. Zimmerman, Xerox senior vice president and
chief financial officer, to whom Seegal will report. "Her proven
management skills are complemented by a deep knowledge of global
finance strategy, operations, cash management and risk management."

Prior to Avaya, Seegal served as deputy treasurer of General Electric
Co. from 1996-2000 and was vice president and treasurer of The
Perkin-Elmer Corp. from 1986-1996.

Seegal holds a master's degree in business administration from the
Harvard Business School. She graduated from Simmons College in Boston,
where she received a bachelor of arts degree in communications and
Spanish in 1972.

For additional information about The Document Company Xerox, please
visit our Worldwide Web site at www.xerox.com/investor.

This release contains forward-looking statements and information
relating to Xerox that are based on our beliefs as well as assumptions
made by and information currently available to us. The words
"anticipate," "believe," "estimate," "expect," "intend," "will" and
similar expressions, as they relate to us, are intended to identify
forward-looking statements. Actual results could differ materially
from those projected in such forward-looking statements. Information
concerning certain factors that could cause actual results to differ
materially is included in the company's Form 10-K for the year ended
2002, as filed with the SEC.

XEROX(R), The Document Company(R) and the digital X(R) are trademarks
of XEROX CORPORATION.

   Short Name: Xerox Corp.
   Category Code: MSC
   Sequence Number: 00003693
   Time of Receipt (offset from UTC): 20030407T161304+0100

    --30--tav/ny*

    CONTACT: Xerox Corporation
             James A. Ramsey                                          
             Director, Investor Relations                                                    
             203-968-3807                                                                    
             James.Ramsey@usa.xerox.com                                                      
             Fax (203) 968-3944                                                              
             or
             Cynthia B. Johnston           
             Manager, Investor Relations   
             203-968-3489                  
             Cindy.Johnston@usa.xerox.com  
             Fax (203) 968-3944            
                              
    KEYWORD: UNITED KINGDOM INTERNATIONAL EUROPE
    INDUSTRY KEYWORD: 
    SOURCE: Xerox Corporation

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