-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 PdM284nwzCT7SB+8uwCHon/v0DnNLpHI7exPMvZ0/+25FbXLKhg8N8palfNyjsnk
 VFsTM39AD9E693ZM0/EfbA==

<SEC-DOCUMENT>0001181431-08-043476.txt : 20080717
<SEC-HEADER>0001181431-08-043476.hdr.sgml : 20080717
<ACCEPTANCE-DATETIME>20080717152248
ACCESSION NUMBER:		0001181431-08-043476
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080715
FILED AS OF DATE:		20080717
DATE AS OF CHANGE:		20080717

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			XEROX CORP
		CENTRAL INDEX KEY:			0000108772
		STANDARD INDUSTRIAL CLASSIFICATION:	COMPUTER PERIPHERAL EQUIPMENT, NEC [3577]
		IRS NUMBER:				160468020
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		45 GLOVER AVENUE
		STREET 2:		PO BOX 4505
		CITY:			NORWALK
		STATE:			CT
		ZIP:			06856
		BUSINESS PHONE:		2039683000

	MAIL ADDRESS:	
		STREET 1:		45 GLOVER AVENUE
		STREET 2:		PO BOX 4505
		CITY:			NORWALK
		STATE:			CT
		ZIP:			06856

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HALOID XEROX INC
		DATE OF NAME CHANGE:	19730813

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			REESE ANN N
		CENTRAL INDEX KEY:			0001022718

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-04471
		FILM NUMBER:		08956985

	BUSINESS ADDRESS:	
		STREET 1:		C/O XEROX CORPORATION
		STREET 2:		800 LONG RIDGE ROAD
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06904-1600
		BUSINESS PHONE:		914-921-6345

	MAIL ADDRESS:	
		STREET 1:		XEROX CORPORATION
		STREET 2:		P.O. BOX 1600
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06904-1600
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd202709.xml
<DESCRIPTION>FORM 4 - JULY 15, 2008 ACTIVITY
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-07-15</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000108772</issuerCik>
        <issuerName>XEROX CORP</issuerName>
        <issuerTradingSymbol>XRX</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001022718</rptOwnerCik>
            <rptOwnerName>REESE ANN N</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>45 GLOVER AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2>P.O. BOX 4505</rptOwnerStreet2>
            <rptOwnerCity>NORWALK</rptOwnerCity>
            <rptOwnerState>CT</rptOwnerState>
            <rptOwnerZipCode>06856-4505</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>6654</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Deferred Stock Units</value>
            </securityTitle>
            <transactionDate>
                <value>2008-07-15</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>2774</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>13.07</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>35590</value>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Options</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>10.50</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2004-01-01</value>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <value>2013-05-15</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>5000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>5000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Options vest over three years, 33.3% per year beginning in year shown.</footnote>
        <footnote id="F2">Deferred Stock Units issued as payment of fees under the terms of the 2004 Non-Employee Directors Compensation Plan. This amount also includes the  shares 94 received from the reinvestment of dividend equivalents paid on Deferred Stock Units held as of 3/31/2008.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>K. Boyle, Attorney-In-Fact</signatureName>
        <signatureDate>2008-07-17</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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