STAMFORD, Conn.--(BUSINESS WIRE)--Nov. 7, 2008--The Board of Directors of Pitney Bowes Inc. (NYSE: PBI) declared a quarterly cash dividend on the company's common stock of 35 cents per share, payable December 12, 2008, to stockholders of record on November 21, 2008; a quarterly cash dividend of 53 cents per share on the company's $2.12 convertible preference stock, payable January 1, 2009, to stockholders of record December 15, 2008, and a quarterly cash dividend of 50 cents per share on the company's 4 percent convertible cumulative preferred stock, payable February 1, 2009, to stockholders of record January 15, 2009.

Pitney Bowes is a mailstream technology company that helps organizations manage the flow of information, mail, documents and packages. Our 36,000 employees deliver technology, service and innovation to more than two million customers worldwide. The company was founded in 1920 and annual revenues now total $6.4 billion. More information is available at www.pb.com.

CONTACT: Pitney Bowes Inc.
Matthew Broder, 203-351-6347
VP, External Communications
matthew.broder@pb.com
or
Charles F. McBride, 203-351-6349
VP, Investor Relations
charles.mcbride@pb.com

SOURCE: Pitney Bowes Inc.