EXHIBIT 21
Subsidiaries of Xerox Corporation
The following companies are subsidiaries of Xerox Corporation as of March 1,
1998. The names of a number of other subsidiaries have been omitted as they
would not, if considered in the aggregate as a single subsidiary, constitute a
significant subsidiary:
Name of Subsidiary Incorporated In
AMTX, Inc. Delaware
Carmel Valley, Inc. Delaware
ChannelBind Corporation Delaware
Chrystal Software, Inc. Delaware
Copiadores Nacionales, S.A. Peru
Copicentro N.V. Netherlands Antilles
Copicentros, S.A. Venezuela
Delphax Systems, Inc. Delaware
Docucentro S.A. Colombia
Document Sciences Corporation Delaware
dpiX, Inc. Delaware
DS Holdings, Inc. Delaware
FairCopy Services Inc. Canada
InConcert, Inc. Delaware
Institute for Research on Learning Delaware
InXight Software, Inc. Delaware
Jeremiad Co. Delaware
LiveWorks, Inc. Delaware
Low-Complexity Manufacturing Group, Inc. Delaware
Lyell Holdings Limited Delaware
Triton Business Finance Limited United Kingdom
Xerox Business Equipment Limited United Kingdom
Xerox Imaging Systems UK Limited United Kingdom
Xerox Computer Services Limited United Kingdom
Xerox Engineering Systems Limited United Kingdom
Xerox Engineering Systems Europe Limited United Kingdom
Xerox Mailing Systems Limited United Kingdom
Xerox Research (UK) Limited United Kingdom
Xerox Trading Enterprises Limited United Kingdom
Magua, S.A. Dominican Republic
New Orleans Xerox Centre, Inc. Delaware
Pacific Services and Development Corporation Delaware
Inversiones San Simon, S.A. Venezuela
Estacionamiento Bajada III, C.A. Venezuela
Panama Services and Development Corporation Panama
PD Reader, Inc. Delaware
PixelCraft, Inc. Delaware
Proyectos Inverdoco, C.A. Venezuela
Xerox de Venezuela, C.A. Venezuela
Securities Information Center, Inc. Delaware
Semaphore Communications Corporation Delaware
Servicios Xerograficos del Peru S.A. Peru
79861 Ontario Inc. Ontario
Terabank Systems, Inc. Delaware
The Xerox Foundation Delaware
Via Xerox Relocation Company, Inc. New York
XDI, Inc. Delaware
XEG Business Services, Inc. Delaware
Name of Subsidiary Incorporated In
Xerox Antilliana N.V. Netherlands Antilles
Xerox Antilliana (Aruba) N.V. Aruba
Xerox Antilliana (St. Maarten) N.V. Netherlands Antilles
Xerox Argentina, I.C.S.A. Argentina
Xerox (Barbados) SRL Barbados
Xerox do Brasil Ltda. Brazil
Astor Administradora De Cartoes De Compra Ltda. Brazil
Centro de Desenvolvimiento de Sistemas
Vitoria S.A. Brazil
J.D.R. Vitoria Equipamentos S.A. Brazil
Xerox Canada Inc. Ontario
832666 Ontario Inc. Ontario
832667 Ontario Inc. Ontario
1192990 Ontario Inc. Ontario
Xerox Canada Acceptance Inc. Canada
Xerox Canada Facilities Management Ltd. Ontario
Xerox Canada Finance Inc. Canada
Xerox Canada Ltd. Canada
Xerox Canada Manufacturing & Research Inc. Ontario
Xerox Capital, LLC Turks and Caicos Islands
Xerox Capital Trust I Delaware
Xerox Capital de Mexico, S.A. de C.V. Mexico
Xerox de Chile S.A. Chile
Xerox Latina S.A. Chile
Xerox de Colombia S.A. Colombia
Xerox ColorgrafX Systems, Inc. California
Xerox de Costa Rica, S.A. Costa Rica
Xerox Dominicana, C. por A. Dominican Republic
Xerox del Ecuador, S.A. Ecuador
Xerox de El Salvador, S.A. de C.V. El Salvador
Xerox Financial Services, Inc. Delaware
OakRe Life Insurance Company Missouri
LKN-1, Inc. Illinois
Talegen Holdings, Inc. Delaware
Crum & Forster Holdings, Inc. Delaware
United States Fire Insurance Company New York
Southbend Properties, Inc. Texas
The North River Insurance Company New Jersey
Crum and Forster Insurance Company New Jersey
Crum & Forster Underwriters Co. of Ohio Ohio
Crum & Forster Indemnity Company New York
Crum & Forster Custom Securities, Inc. California
Ridge Reinsurance Limited Bermuda
VRN Inc. Delaware
Xerox Credit Corporation Delaware
MultiLease, Ltd. Delaware
XCC/AFG, Inc. Delaware
XCC Holdings, Inc. Delaware
XCC Investment Corporation Delaware
Xerox Credit International, Ltd. Bermuda
Xerox International Credit Corporation Delaware
XFS Merchant Partner, Inc. Delaware
Xerox Foreign Sales Corporation Barbados
Xerox Funding Corporation Delaware
Xerox de Guatemala, S.A. Guatemala
Xerox d'Haiti, S.A. Haiti
Xerox Holding (Nederland) B.V. Netherlands
Xerox Limited Hong Kong
Name of Subsidiary Incorporated In
Xerox Manufacturing (Nederland) B.V. Netherlands
Tefea B.V. Netherlands
Xerox Holdings (Bermuda) Limited Bermuda
Xerox (Bermuda) Limited Bermuda
Xerox (China) Limited China
Xerox Engineering Copy Systems
Suzhou Co. Limited China
Xerox Shanghai Limited China
Xerox de Honduras, S.A. Honduras
Xerox Imaging Systems, Inc. Delaware
ScanSoft, Inc. Delaware
Xerox International Joint Marketing, Inc. Delaware
Xerox International Partners California
Xerox International Realty Corporation Delaware
Xerox Canada Realty Inc. Ontario
Xerox Investments (Bermuda) Limited Bermuda
Bessemer Insurance Limited Bermuda
Investissements Xerographiques Marocains S.A. Morocco
Reprographics Egypt Limited Egypt
Xerox Egypt S.A.E. Egypt
Xerox Finance Leasing S.A.E. Egypt
Xerox Equipment Limited Bermuda
Xerox Maroc S.A. Morocco
Xerox Products Limited Bermuda
Xerox (Jamaica) Limited Jamaica
Xerox Latinamerican Holdings, Inc. Delaware
Xerox Mexicana, S.A. de C.V. Mexico
Xerox de Nicaragua, S.A. Nicaragua
Xerox Overseas Holdings PLC United Kingdom
Xerox Capital (Europe) plc United Kingdom
Xerox Limited United Kingdom
Continua Limited * United Kingdom
City Paper Limited United Kingdom
Fuji Xerox Co., Ltd.* Japan
Aichi Xerox Co., Ltd. Japan
Aichi-Higashi Xerox Co., Ltd. Japan
Assist V Co., Ltd. Japan
Chiba Xerox Co., Ltd. Japan
Fuji Xerox Asia Pacific Pte. Ltd. Singapore
Fuji Xerox (Finance) Limited Australia
Fuji Xerox (Australia) Pty. Limited Australia
Fuji Xerox (Sales) Pty Limited Australia
Fuji Xerox Finance Limited New Zealand
Fuji Xerox New Zealand Limited New Zealand
College Hill Properties Limited New Zealand
Fuji Xerox (Singapore) Pte. Ltd. Singapore
Korea Xerox Company Limited * S. Korea
Taiwan Fuji Xerox System Service Corporation Taiwan
Xerox (Myanmar) Limited Bermuda
Fuji System Brain Co. Ltd. Japan
Fuji Xerox Career Net Co., Ltd. Japan
Fuji Xerox Distribution Co., Ltd. Japan
Fuji Xerox Engineering Co., Ltd. Japan
Fuji Xerox Far East Limited Hong Kong
Fuji Xerox General Business Co., Ltd. Japan
Fuji Xerox Information Systems Co., Ltd. Japan
Fuji Xerox Learning Institute Inc. Japan
Fuji Xerox Office Supply Co., Ltd. Japan
Name of Subsidiary Incorporated In
Fuji Xerox System Service Co., Ltd. Japan
Fukuoka Xerox Co., Ltd. Japan
Fukushima Xerox Co., Ltd. Japan
FX Global, Inc. Delaware
FX Palo Alto Laboratory, Inc. Delaware
FX Pacific Trading Pte. Ltd. Singapore
Gifu Xerox Co., Ltd. Japan
Gunma Xerox Co., Ltd. Japan
Hiroshima Xerox Co., Ltd. Japan
Hokkaido Xerox Co., Ltd. Japan
Hokuriku Xerox Co., Ltd. Japan
Hyogo Xerox Co., Ltd. Japan
Ibaraki Xerox Co., Ltd. Japan
Iwate Xerox Co., Ltd. Japan
Kagoshima Xerox Co., Ltd. Japan
Kanagawa Xerox Co., Ltd. Japan
Kita Kyushu Xerox Co., Ltd. Japan
Kumamoto Xerox Co., Ltd. Japan
Kyoto Xerox Co., Ltd. Japan
Mie Xerox Co., Ltd. Japan
Miyagi Xerox Co., Ltd. Japan
Nagano Xerox Co., Ltd. Japan
Nagasaki Xerox Co., Ltd. Japan
Nara Xerox Co., Ltd. Japan
Niigata Xerox Co., Ltd. Japan
Okayama Xerox Co., Ltd. Japan
Osaka Xerox Co., Ltd. Japan
Protex Co. Ltd. Japan
Saitama Xerox Co., Ltd. Japan
Shikoku Xerox Co., Ltd. Japan
Shizuoka Xerox Co., Ltd. Japan
Suzuka Fuji Xerox Co., Ltd. Japan
Tama Xerox Co., Ltd. Japan
Tochigi Xerox Co., Ltd. Japan
Tokyo Xerox Co., Ltd. Japan
Yamaguchi Xerox Co., Ltd. Japan
Xerox High-Technology Company of Shenzhen Ltd. China
GS Xerox Electronics Korea
Inserco Manufacturing Limited United Kingdom
Mitcheldean Enterprise Workshops Limited United Kingdom
Modi Xerox Financial Services Limited India
MX Software Services Limited India
NV Xerox Credit S.A. Belgium
NV Xerox Management Services S.A. Belgium
N.V. Xerox S.A. Belgium
Rank Xerox Bulgaria Bulgaria
Rank Xerox (C.I.S.) Russia
Rank Xerox Direct Ost GmbH Germany
Rank Xerox (Romania) SRL Romania
Rank Xerox Slovenija d.o.o. Slovenia
The Limited Liability Company Xerox
(Ukraine) Limited Ukraine
The Xerox (UK) Trust United Kingdom
Westbourne Limited United Kingdom
Xerox AB Sweden
Xerox AG Switzerland
Xerox Office Supplies AG Switzerland
Xerox A/S Denmark
Name of Subsidiary Incorporated In
Xerox AS Norway
Xerox Austria GmbH Austria
Xerox Business Services GmbH Austria
Xerox Leasing GmbH Austria
Xerox Beograd d.o.o. Yugoslavia
Xerox Buro Araciari Ticaret ve Servis A.S. Turkey
Xerox Channels Limited United Kingdom
Xerox Credit AB Sweden
XEROX CZECH Republic s r.o. Czech Republic
Xerox Direct Nord GmbH Germany
Xerox Direct Rheinland GmbH Germany
Xerox Direct Rhein-Main GmbH Germany
Xerox Direct Sud GmbH Germany
Xerox Direct Sud-West GmbH Germany
Xerox Direct Westfalen GmbH Germany
Xerox Espana - The Document Company, S.A.U. Spain
Xerox Exports Limited United Kingdom
Xerox Fabricacion S.A.U. Spain
Xerox Finance AG Switzerland
Xerox Finance Limited United Kingdom
Xerox Finance (Nederland) BV Netherlands
Xerox de Financiacion S.A.U., E.F.C. Spain
Xerox GmbH Germany
Rank Xerox Dienstleistungsgesellschaft GmbH Germany
Rank Xerox Service GmbH Germany
Xerox Reprographische Services GmbH Germany
Xerox Hellas AEE Greece
Xerox (Hong Kong) Limited Hong Kong
Xerox Industry Development (Shanghai) Co., Ltd. China
Rank Xerox Hungary Trading Limited Hungary
Rank Xerox (Ireland) Limited Ireland
Xerox Kenya Limited Kenya
Xerox Leasing Deutschland GmbH Germany
Xerox Leasing (Europe) Limited United Kingdom
Xerox (Nederland) BV Netherlands
"Veco" Beheer Onroerend Goed BV Netherlands
Xerox Document Supplies BV Netherlands
Xerox Rentalease BV Netherlands
Xerox (Nigeria) Limited Nigeria
Xerox Office Supplies S.A.U. Spain
Xerox Office Supplies GmbH Austria
Xerox Oy Finland
Xerox Pensions Limited United Kingdom
Xerox Polska Sp. zo.o. Poland
Xerox Portugal Equipamentos de
Escritorio, Limitada Portugal
CREDITEX - Aluguer de Equipamentos S.A. Portugal
Xerox Professional Services Limited United Kingdom
Xerox Renting S.A.U. Spain
Xerox South Africa (Proprietary) Limited South Africa
Xerox SpA Italy
Xerox Noleggi SpA Italy
Xerox - THE DOCUMENT COMPANY S.A. France
Burofinance S.A. France
Office de Transformation Papetiere S.N.C. France
Servitique France
Xerobail S.A. France
Xerbail Gestion (SNC) France
Name of Subsidiary Incorporated In
Xerox Business Services Sarl France
Xerox Uganda Limited Uganda
Xerox (UK) Limited United Kingdom
Bessemer Trust Limited United Kingdom
Xerox (Copy Bureaux) Limited United Kingdom
Xerox Office Supplies Limited United Kingdom
Xerox (R & S) Limited United Kingdom
Xexco Trading Limited United Kingdom
Xerox West Africa Limited United Kingdom
XRO Limited United Kingdom
Nemo (AKS) Limited United Kingdom
RRXH Limited United Kingdom
RRXIL Limited United Kingdom
RRXO Limited United Kingdom
XRI Limited United Kingdom
Xerox de Panama, S.A. Panama
Xerox del Paraguay SRL Paraguay
Xerox del Peru, S.A. Peru
Xerox Real Estate Services, Inc. New York
Xerox Realty Corporation Delaware
Xerox Realty Corp. (California) California
XRC Realty Corp. West California
Xerox Servicios Tecnicos, C.A. Venezuela
Xerox Trinidad Limited Trinidad
Xerox Uruguay S.A. Uruguay
Xerox Zona Libre, S.A. Panama
XESystems, Inc. Delaware
XE Holdings, Inc. Delaware
Xerox Engineering Systems AG Switzerland
Xerox Engineering Systems Espanola SA Spain
Xerox Engineering Systems SpA Italy
Xerox Engineering Systems N.V. Belgium
Xerox Engineering Systems S.A. France
Xerox Engineering Systems GmbH Germany
Xerox Engineering Systems B.V. Netherlands
XESystems Canada Inc. Ontario
XESystems UK Limited United Kingdom
Xtended Memory Systems California
* indicates only 50% owned by Xerox Corporation