Critelli & Nolop Will Participate In 90-Minute Panel Discussion On

                           Leadership & Governance

STAMFORD, Conn., Nov. 4 /PRNewswire-FirstCall/ -- Chairman and CEO Michael J. Critelli and Executive Vice President and CFO Bruce Nolop of Pitney Bowes Inc. (NYSE: PBI) will participate this week at a national conference, co-hosted by Economist Conferences and CFO Executive Programs, which will address the collaborative relationship between CEOs and CFOs of leading global companies.

The CEO-CFO Dialogue Conference called Strategy to Synergy: Partnerships between Corporate Leaders, will take place on Wednesday, November 5th at the Metropolitan Club in New York City. Conference attendees will include CEOs and CFOs, as well as board members, of companies with annual sales that exceed $1 billion. The conference will highlight the principles and practices in shaping some of the most powerful CEO-CFO teams in global business and educate corporate leaders on how this executive relationship delivers long-term growth, builds global brands, and enhances shareholder value.

Critelli and Nolop will participate in a moderated, 90-minute panel discussion on leadership and corporate governance. Pitney Bowes' CEO-CFO team will offer insight on how to address some of the most important challenges facing business leaders at leading companies and share their first-hand experiences on how their successful, collaborative relationship has guided Pitney Bowes in recent years.

"Strong leadership and effective corporate governance is the driving force behind any successful company -- and it must derive from an effective, strategic partnership between a CEO and a company's executive team. Together, our team at Pitney Bowes has tackled some of the most difficult challenges facing companies today, in large part, because of the leadership and close working relationship between me and our executive team," said Critelli.

"I look forward to the opportunity to join with Mike to discuss our strategy for leadership and governance with other company leaders and to reflect on the successful relationship we have developed over the past four years at Pitney Bowes. This strategic partnership between Mike and the financial arm of this company has been crucial in meeting our short- and long-term financial goals, including completing over $800 million in acquisitions. The results have benefited our customers and employees and created enduring shareholder value," said Nolop.

Mr. Critelli has been Chairman and CEO of Pitney Bowes since 1997. Prior to becoming Chief Executive Officer, Mr. Critelli served in various capacities at Pitney Bowes, including Vice Chairman, President -- Financial Services, Secretary and General Counsel, and Chief Personnel Officer. He has been awarded four U.S. patents for mailing technology. He received a B.A. from the University of Wisconsin and a J.D. from the Harvard Law School. He is also Chairman of the Board of Trustees for the National Urban League.

Mr. Nolop has been Chief Financial Officer at Pitney Bowes since January 2000 and is responsible for the company's worldwide financial operations, including accounting, tax, treasury, investor relations and internal audit. He is also responsible for corporate development activities at Pitney Bowes, including acquisitions, equity investments, and other corporate transactions. Prior to joining Pitney Bowes, he spent 18 years as an investment banker and held executive positions with Kimberly-Clark Corporation. Mr. Nolop received a B.A. degree from the University of South Dakota, an M.B.A. from the Stanford Graduate School of Business, and a J.D. degree from Stanford Law School.

Pitney Bowes is the world's leading provider of integrated mail and document management systems, services and solutions. The $4.4 billion company helps organizations of all sizes engineer the flow of communication to reduce costs and increase impact, and enhance customer relationships. The company's 80-plus years of technological leadership has produced many major innovations in the mailing industry and more than 3,500 active patents, with applications in a variety of markets including printing, shipping, encryption, and financial services. With approximately 33,000 employees worldwide, Pitney Bowes serves more than two million businesses through direct and dealer operations.

     Contact:
      Adam Jeamel
      On Behalf of Pitney Bowes
      860-826-1796
      jeamel@gaffneybennett.com

SOURCE  Pitney Bowes, Inc.
    -0-                             11/04/2003
    /CONTACT:  Adam Jeamel, +1-860-826-1796, jeamel@gaffneybennett.com, for
Pitney Bowes/
    /Web site:  http://www.pitneybowes.com /
    (PBI)

CO:  Pitney Bowes, Inc.
ST:  Connecticut, New York
IN:  CPR OFP FIN
SU:

MG 
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