Filed pursuant to Rule 424(b)(3)
Registration No. 333-59355
Prospectus Supplement No. 15
(To Prospectus Dated August 10, 1998)
$1,012,198,000
XEROX CORPORATION
CONVERTIBLE SUBORDINATED DEBENTURES DUE 2018
The information contained under the heading "Selling Security Holders"
in the Prospectus dated August 10, 1998 ("Prospectus") relating to
$1,012,198,000 aggregate principal amount at maturity of Convertible
Subordinated Debentures due 2018 ("Debentures") of Xerox Corporation
(the "Company"), and such indeterminate number of shares of Common Stock,
par value $1.00 per share, of the Company as may be issuable upon the
conversion of the Debentures, that may be offered and sold from time to
time by the several holders thereof is hereby supplemented as follows:
PRINCIPAL AMOUNT AT PRINCIPAL AMOUNT AT
MATURITY OF DEBENTURES MATURITY OF DEBENTURES
BENEFICIALLY OWNED AND PREVIOUSLY SPECIFIED IN
SELLING HOLDER THAT MAY BE OFFERED HEREBY THE PROSPECTUS
- -------------- -------------------------- -----------------------
(In U.S. Dollars)
Bear Stearns & Co. Inc. . . . 500,000 None
Credit Suisse First
Boston Corporation . . . . 100,000 None
Goldman, Sachs & Co. . . . . 9,100,000 1,100,000
Schroders & Co. . . . . . . . 400,000 None
Warburg Dillon Read LLC . . . 54,750,000 44,450,000
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The date of this Prospectus Supplement is May 7, 1999.
