-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 GvOCWlisxcT89g3ojJIMrWizSa+a4A/yhm7uzHILF1Mm4AreTqpylgI5ixjydo05
 rRSUkXoF2SNolxfbxxXoBw==

<SEC-DOCUMENT>0001181431-04-000400.txt : 20040105
<SEC-HEADER>0001181431-04-000400.hdr.sgml : 20040105
<ACCEPTANCE-DATETIME>20040105104449
ACCESSION NUMBER:		0001181431-04-000400
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040102
FILED AS OF DATE:		20040105

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			JORDAN VERNON E JR
		CENTRAL INDEX KEY:			0001172460

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-04471
		FILM NUMBER:		04502252

	MAIL ADDRESS:	
		STREET 1:		C/O ASBURY AUTOMOTIVE GROUP
		STREET 2:		3 LANDMARK SQUARE STE 500
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06901

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:		800 LONG RIDGE RD
		STREET 2:		P O BOX 1600
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06904-1600
		BUSINESS PHONE:		2039683000

	MAIL ADDRESS:	
		STREET 1:		800 LONG RIDGE ROAD
		STREET 2:		PO BOX 1600
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06904

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HALOID XEROX INC
		DATE OF NAME CHANGE:	19730813
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd26609.xml
<DESCRIPTION>FORM 4 - JANUARY 1, 2004 ACTIVITY
<TEXT>
<XML>
<?xml version="1.0"?><ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType><periodOfReport>2004-01-02</periodOfReport><notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000108772</issuerCik>
        <issuerName>XEROX CORP</issuerName>
        <issuerTradingSymbol>XRX</issuerTradingSymbol></issuer><reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001172460</rptOwnerCik>
            <rptOwnerName>JORDAN VERNON E JR</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>800 LONG RIDGE ROAD</rptOwnerStreet1>
            <rptOwnerStreet2>P. O. 1600</rptOwnerStreet2>
            <rptOwnerCity>STAMFORD</rptOwnerCity>
            <rptOwnerState></rptOwnerState>
            <rptOwnerZipCode>06904</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>1</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><nonDerivativeTable><nonDerivativeTransaction><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2004-01-02</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>J</transactionCode><equitySwapInvolved>0</equitySwapInvolved><footnoteId id="F1"/></transactionCoding><transactionAmounts><transactionShares><value>453</value></transactionShares><transactionPricePerShare><value>13.80</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>40019.4899</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></nonDerivativeTrans
action></nonDerivativeTable><derivativeTable><derivativeHolding><securityTitle><value>Stock Option</value></securityTitle><conversionOrExercisePrice><value>10.50</value></conversionOrExercisePrice><exerciseDate><value>2004-01-01</value><footnoteId id="F2"/></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><derivativeHolding><securityTitle><value>Stock Option</value></securityTitle><conversionOrExercisePrice><value>6.80</value></conversionOrExercisePrice><exerciseDate><value>2003-01-01</value><footnoteId id="F2"/></exerciseDate><expirationDate
><value>2012-09-09</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><derivativeHolding><securityTitle><value>Stock Option</value></securityTitle><conversionOrExercisePrice><value>9.25</value></conversionOrExercisePrice><exerciseDate><value>2002-01-01</value><footnoteId id="F2"/></exerciseDate><expirationDate><value>2011-08-28</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>5000</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransact
ion><value>5000</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeHolding><derivativeHolding><securityTitle><value>Stock Option</value></securityTitle><conversionOrExercisePrice><value>26.5625</value></conversionOrExercisePrice><exerciseDate><value>1997-01-01</value><footnoteId id="F3"/></exerciseDate><expirationDate><value>2006-05-22</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><derivativeHolding><securityTitle><value>Stock Option</value></securityTitle
><conversionOrExercisePrice><value>27.00</value></conversionOrExercisePrice><exerciseDate><value>2001-01-01</value><footnoteId id="F2"/></exerciseDate><expirationDate><value>2010-05-18</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><derivativeHolding><securityTitle><value>Stock Option</value></securityTitle><conversionOrExercisePrice><value>32.1563</value></conversionOrExercisePrice><exerciseDate><value>1998-01-01</value><footnoteId id="F3"/></exerciseDate><expirationDate><value>2007-05-14</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></u
nderlyingSecurityTitle><underlyingSecurityShares><value>5000</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>5000</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeHolding><derivativeHolding><securityTitle><value>Stock Option</value></securityTitle><conversionOrExercisePrice><value>54.2188</value></conversionOrExercisePrice><exerciseDate><value>1999-01-01</value><footnoteId id="F2"/></exerciseDate><expirationDate><value>2006-05-22</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>5000</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>5000</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirec
tOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeHolding><derivativeHolding><securityTitle><value>Stock Option</value></securityTitle><conversionOrExercisePrice><value>60.4375</value></conversionOrExercisePrice><exerciseDate><value>2000-01-01</value><footnoteId id="F2"/></exerciseDate><expirationDate><value>2009-05-20</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><derivativeHolding><securityTitle><value>Deferred Comp.</value></securityTitle><conversionOrExercisePrice><value>0.00</value><footnoteId id="F4"/></conversionOrExercisePrice><exerciseDate><va
lue>1988-08-08</value><footnoteId id="F4"/></exerciseDate><expirationDate><value>1988-08-08</value><footnoteId id="F4"/></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityValue><value>0.00</value><footnoteId id="F4"/></underlyingSecurityValue></underlyingSecurity><postTransactionAmounts><valueOwnedFollowingTransaction><value>155943.00</value><footnoteId id="F5"/></valueOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeHolding></derivativeTable><footnotes><footnote id="F1">Restricted shares issued as payment of fees under the terms of the Restricted Stock Plan for Directors.</footnote><footnote id="F2">Options vest over three years, 33.3% per year beginning in year shown.</footnote><footnote id="F3">Options vest over three years, 33%, 33%, 34%, beginning in year shown.</footnote><footnote id="F4">Not Applicable
</footnote><footnote id="F5">Hypothetical investment of deferred compensation in Xerox Stock Fund under the Xerox Saving Plan.</footnote></footnotes><ownerSignature><signatureName>K. W. Fizer, Attorney-In-Fact</signatureName><signatureDate>2004-01-05</signatureDate></ownerSignature></ownershipDocument>



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</DOCUMENT>
</SEC-DOCUMENT>
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