Pitney Bowes Announces New Executive Leadership Roles

Murray D. Martin Appointed President and Chief Executive Officer; Michael J. Critelli Named Executive Chairman

STAMFORD, CT—03/19/07—Pitney Bowes Inc. (NYSE: PBI) today announced a new executive leadership structure to position the company for continued growth in a changing environment. Effective May 14th, Murray D. Martin, the company’s President and Chief Operating Officer, will become President and Chief Executive Officer. Michael J. Critelli, the company’s Chairman and Chief Executive Officer, will assume the newly created position of Executive Chairman. Effective immediately, Mr. Martin also is appointed to the company’s Board of Directors.