Buck Consultants Opens Office in Sao Paulo, Brazil

NEW YORK, July 10, 2012 – Buck Consultants, A Xerox Company (NYSE: XRX) today announced it has opened an office in Sao Paulo, Brazil with the former partners of Triaxes Consultoria Atuarial Ltda., an actuarial consulting firm. Buck and Triaxes have worked as affiliates since 2009.

“With this transaction, clients in Brazil will have access to strengthened service offerings and worldwide expertise,” said Mike Roberts, Buck’s president and executive managing director. “It’s also further evidence of Buck’s continued global growth.”

The Sao Paulo office provides retirement plan administration and human resources outsourcing services to 35 clients. Xerox has a strong presence in the Brazilian pension fund administration industry through its 2010 acquisition of ExcellerateHRO and provides services to pension funds of all sizes in Brazil.

About Buck Consultants
Buck Consultants, A Xerox Company, is a leader in human resource and benefits consulting with more than 1,500 professionals worldwide. Founded in 1916 to advise clients in establishing and funding some of the nation’s first public and private retirement programs, Buck is an innovator in the areas of retirement benefits, health and welfare programs, talent and human resources solutions, compensation, and employee communication. News and other information about Buck Consultants are available at www.buckconsultants.com.

About Xerox
With sales approaching $23 billion, Xerox Corporation (NYSE: XRX) is the world’s leading enterprise for business process and document management. Its technology, expertise and services enable workplaces – from small businesses to large global enterprises – to simplify the way work gets done so they operate more effectively and focus more on what matters most: their real business. Headquartered in Norwalk, Conn., Xerox offers business process outsourcing and IT outsourcing services, including data processing, healthcare solutions, HR benefits management, finance support, transportation solutions, and customer relationship management services for commercial and government organizations worldwide. The company also provides extensive leading-edge document technology, services, software and genuine Xerox supplies for graphic communication and office printing environments of any size. The 140,000 people of Xerox serve clients in more than 160 countries. For more information, visit http://www.xerox.com, http://news.xerox.com or http://www.realbusiness.com. For investor information, visit http://www.xerox.com/investor.

Media Contact
Ed Gadowski, Media Relations, Buck Consultants, A Xerox Company,
+1-201-902-2825, [email protected]

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