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XEROX TO REDEEM ALL $6.8 MILLION EXTENDIBLE NOTES DUE 1998 AND $100 MILLION 8-1/8 PERCENT NOTES DUE 1996

 STAMFORD, Conn., Oct. 14 /PRNewswire/ -- Xerox Corporation (NYSE: XRX) today announced will redeem on Nov. 15, 1993, all of the approximately $6.8 million principle amount of its outstanding extendible notes due Sept. 1, 1998, and all of the $100 million principal amount of its outstanding 8-1/8 percent notes due Nov. 15, 1996.
 The notes will be redeemed at a price equal to 100 percent of their principal amount, plus accrued interest. Interest on both series of notes will cease to accrue on and after Nov. 15, 1993.
 To receive the redemption payment, certificates of the extendible notes must be surrendered to the trustee, Citibank, N.A., at its principal corporate trust office in New York City, and certificates for the 8-1/8 percent notes must be surrendered to the trustee, Bankers Trust Company, at its principal corporate trust office, also in New York City.
 Questions concerning the redemption of the extendible notes should be directed to Citibank at 800-422-2066, and questions regarding the redemption of the 8-1/8 percent notes should be directed to Bankers Trust at 800-735-7777.
 -0- 10/14/93
 /CONTACT: Judd Everhart of Xerox, 203-968-3572/
 (XRX)


CO: Xerox Corporation ST: Connecticut IN: SU:

CK -- NY051 -- 2233 10/14/93 12:26 EDT
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Publication:PR Newswire
Date:Oct 14, 1993
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