Filed pursuant to Rule 424(b)(3) Registration No. 333-59355 Prospectus Supplement No. 8 (To Prospectus Dated August 10, 1998) $1,012,198,000 XEROX CORPORATION CONVERTIBLE SUBORDINATED DEBENTURES DUE 2018 The information contained under the heading "Selling Security Holders" in the Prospectus dated August 10, 1998 relating to $1,012,198,000 aggregate principal amount at maturity of Convertible Subordinated Debentures due 2018 ("Debentures") of Xerox Corporation, and such indeterminate number of shares of Common Stock, par value $1.00 per share, of the Company as may be issuable upon the conversion of the Debentures, that may be offered and sold from time to time by the several holders thereof is hereby amended and supplemented as follows: PRINCIPAL AMOUNT AT PRINCIPAL AMOUNT AT MATURITY OF DEBENTURES MATURITY OF DEBENTURES BENEFICIALLY OWNED AND PREVIOUSLY SPECIFIED IN SELLING HOLDER THAT MAY BE OFFERED HEREBY THE PROSPECTUS - -------------- -------------------------- ----------------------- (In U.S. Dollars) Argent Classic Convertible Arbitrage Fund L.P. . . . . 6,000,000 129,000,000 Argent Classic Convertible Arbitrage Fund (Bermuda) L.P. . . . . . . 130,000,000 115,000,000 DB Custody & Co. (1) . . . . . 8,000,000 NA - ------------------------------ (1) Deutsche Bank Securities Inc. and affiliates have engaged, and may in the future engage, in commercial banking transactions, which include or may include foreign exchange, lending, credit and other financial transactions, with the Company and its affiliates. The date of this Prospectus Supplement is October 16, 1998.