STAMFORD, Conn.--(BUSINESS WIRE)--July 9, 2007--The Board of Directors of Pitney Bowes Inc. (NYSE: PBI) declared a quarterly cash dividend on the company's common stock of 33 cents per share, payable September 12, 2007, to stockholders of record on August 17, 2007; a quarterly cash dividend of 53 cents per share on the company's $2.12 convertible preference stock, payable October 1, 2007, to stockholders of record September 15, 2007, and a quarterly cash dividend of 50 cents per share on the company's 4 percent convertible cumulative preferred stock, payable November 1, 2007, to stockholders of record October 13, 2007.

Pitney Bowes is a mailstream technology company that helps organizations manage the flow of information, mail, documents and packages. Our 35,000 employees deliver technology, service and innovation to more than two million customers worldwide. The company was founded in 1920 and annual revenues now total $5.8 billion. More information is available at www.pb.com.

CONTACT: Pitney Bowes Inc.
Sheryl Y. Battles, VP, Corp. Communications
203-351-6808
or
Charles F. McBride, VP, Investor Relations
203-351-6349

SOURCE: Pitney Bowes Inc.