1. Xerox Office Group A simple story that shows the exceptional value we provide to all of our customers

2. A global company  Headquarters – Stamford, Ct. USA  Products and Services – Digital document solutions & services  Revenue (2004) - $15.7 billion  Employees (year end 2004) – 58,100  R&D spend (2004) - $760 million, c5% of revenue

3. Xerox Europe  Revenue (2004) - $5.2 billion  Employees (year end 2004) – 16,500  Sales & Marketing across 20+ countries  Manufacturing in UK, Ireland and Netherlands  R&D in Grenoble, France

4. Innovation

5. Innovation movie

6. 1930 Chester Carlson invents the first Xerographic Image 1938

7. 1940 Chester Carlson receives a patent for electro photography, later named xerography 1942

8. 1950 1. 1955 - Copyflo, the first xerographic printer 2. 1959 - Xerox 914, the first automatic, plain paper office copier, 7ppm 1950’s

9. 1960 1. 1963 - 813 is the 1 st desktop plain paper copier 2. 1964 - Long distance Xerography. first system for high speed document fax transmission using scanner, networks and printers 1960’s

10. 1970 1. 1973 - Xerox 6500, the world’s first colour copier 2. 1977 - Xerox 9700, first laser printer, 120 ppm 3. 1979 - Ethernet, first Local Area Network 1970’s

11. 1980 1980’s 1. First commercial use of mouse 2. Graphical user-interfaces, WYSIWYG 1985 – 1990 Client/server architecture, bitmapped displays, object oriented programming

12. 1990 1990’s 1. 1990 - DocuTech 135, launched the digital printing industry 2. 1997 - Document Centre, office copiers that are the first that can be upgraded from stand-alone copiers to multifunctional office systems

13. 2000 2000’s 1. The iGen3, produces 100 colour pages per minute 2. Electric paper, flexible electronics on plastic 3. Won more than 230 independent awards worldwide Launched more than 40 new products, software and services

14. Design, develop, manufacture and market high-volume printing, copying and publishing systems Assessment, imaging, service and asset management to enhance customer productivity Design, develop, manufacture and market print, copy, scan and fax solutions for any size office Core competencies and businesses Global Services Production Systems Group Office Group

15. Our mission Office efficiency & effectiveness Productivity More work Better work Savings IT imperatives Costs Network integration Ease of use Print productivity Reliability Effective Colour Business process improvement Alliance Partners Asset management Right product for right need Service Cost Offering Security Challenge Industry Standard compliance Seamless Integration Device Management

16. Our offer Global Services Production Systems Group Office Group Services Products and Systems Software and Alliances

17. CopyCentre TM WorkCentre ® WorkCentre ® Pro Phaser ® & FaxCentre ® Products designed to meet specific office requirements provided for customers at affordable prices Docucolor TM Products and systems

18. Product portfolio WCP75 3150FC F110FC F116C20C118 M15i Pe16 M20 M20i PE120 PE 120i M118 M118i C123/128 M 123/128 P 123/128 4500 232/238 CC35238232 WC35 232/238 WCP 35 5500 245/255/265 CC45/55/65 WC45/55/65 WCP 45/55/65 WCP90 CC90 275 CC75 11-20 ppm 21-30 ppm 31-40 ppm 41-69 ppm 70-90 ppm Phaser & FaxCentre Printers CopyCentre Copiers WorkCentre Copier-Printers WorkCentrePro Advanced MFP DocuColor Advanced-Colour 34508550 6350 6100 85006300 7750 EX7750 C2128 C2636 C3545 7300 C2424 M24 C226C2128 DocuColor 3535 DocuColor 12 DocuColor 240/250 C3545 C2636

19. Software and Alliances CentreWare® Web PhaserSMART® Printing Scout CentreWare® FreeFlow SMARTsend® Device Management Imaging & Output Management Alliance Partners

20. Services Assessment Services Integrated Offering Office Product Advisor

21. Why Xerox ? Innovation Application and Solution Expertise Distribution and Support Xerox Service Offerings

22. Why Xerox ? Office Technology Innovator colour, multifunction devices, document solutions and services Award-winning Office products Innovation Application and Solution Expertise Distribution and Support Xerox Service Offerings

23. Why Xerox ? Innovation Application and Solution Expertise Distribution and Support Xerox Service Offerings Document Management capture, store, edit, retrieve, distribute Improve business processes Managed services

24. Why Xerox ? Innovation Application and Solution Expertise Distribution and Support Xerox Service Offerings To meet the needs of both our customers and partners

25. Why Xerox ? Innovation Application and Solution Expertise Distribution and Support Xerox Service Offerings Channel Partners (certified and trained) Unmatched expertise analysts, specialists, consultants, field service, technical support Expanding base of Alliance Partners

26. Why Xerox ? Office Technology Innovator colour, multifunction devices, document solutions and services Award-winning Office products Innovation Application and Solution Expertise Distribution and Support Xerox Service Offerings Document Management capture, store, edit, retrieve, distribute Improve business processes Managed services To meet the needs of both our customers and partners Channel Partners (certified and trained) Unmatched expertise analysts, specialists, consultants, field service, technical support Expanding base of Alliance Partners

27. Questions and answers Next steps