Fuji Xerox And Three Partners
Start Shipping Woodchips
From Own Plantation In New Zealand

Tokyo, March 10, 2005 - Fuji Xerox Co., Ltd., in collaboration with its affiliate Fuji Xerox Office Supply Co., Ltd., ITOCHU Corporation and Oji Paper Co., Ltd., today shipped the first cargo of woodchips to be used for copy/printers paper that Fuji Xerox will supply starting from early summer this year, from Bluff Port, New Zealand, for the Oji Paper's factory in Miyazaki Prefecture, Japan. The 12,000 tons of woodchips in the cargo were produced from eucalyptus trees planted and grown since 1992 by Southland Plantation Forest Company of New Zealand Limited (SPFL)^Note, a plantation company partly owned by Fuji Xerox and Fuji Xerox Office Supply, which is based in Invercargill at the southern tip of the country's South Island.

The woodchips obtained forest management certification from the Forest Stewardship Council (FSC)^Note for the first time in New Zealand. At Oji Paper's Nichinan Factory in Miyazaki, the woodchips will be processed into FSC-certified paper for copy machines and printers bearing the Fuji Xerox brand for use in Japan.

Fuji Xerox and Fuji Xerox Office Supply, which recognize that helping prevent the depletion of national resources is one of their critical responsibilities, are committed to providing copy/printer paper to customers in a sustainable manner. To this end, while aiming to maintain the ratio of recycled pulp above 50 percent, the companies have been implementing the "Eco-Conscious Pulp Plan" to cover the rest of the necessary supply with plantation pulp and certified pulp by 2010.

Fuji Xerox and Fuji Xerox Office Supply invested in SPFL in 1996 to promote the "self-sufficiency of paper materials" for copy/printer paper supply, being conscious of Corporate Societal Responsibility (CSR).

SPFL, established in 1992, started with planting eucalyptus on 520 hectares of land and has now extended that to approximately 10,000 hectares of eucalyptus plantation (larger than the land inside of Tokyo's JR Yamanote line, which is approximately 7,000 hectares). It is now possible to harvest those eucalyptus trees planted in 1992. On the harvested land, eucalyptus will be planted again for gradual expansion of the harvest so that production of around 180,000 tons a year may be maintained from 2010.

Fuji Xerox aims at realizing a sustainable society on the basis of its ecology and safety vision, "Fuji Xerox and its affiliates deploy our most ecology-conscious activities in all aspects of our business. We will strive to offer customers products, services and information that are safe and kind to the environment, and thereby make a world-class contribution to the environmental conservation efforts of individuals and society."

At the same time, starting on December 1, 2004, Fuji Xerox and all of its affiliates implemented the "Environment, health and safety requirements for paper procurement," which are applicable to all kinds of paper procured not only in Japan, but also in Southeast Asia, China and Oceania. The requirements basically comprise six key provisions, ranging from "compliance with all applicable laws and regulations" to "sustainable forest management such as acquisition of third-party certifications including those from the FSC."