Announcement of Extension of Early Tender Date for Variable Term Voting Preferred Stock, Series A through D and Termination of Cash Tender Offer for Variable Term Voting Preferred Stock, Series E, Issued by Pitney Bowes International Holdings, Inc.

STAMFORD, Conn., October 13, 2009 - Pitney Bowes International Holdings, Inc. ("PBIH") today announced that it has extended the early tender date for its previously announced tender offers (the "Tender Offers") for its Variable Term Voting Preferred Stock, Series A (CUSIP No. 724481502), Series B (CUSIP No. 724481601), Series C (CUSIP No. 724481700) and Series D (CUSIP No. 724481882) from 5:00 p.m., New York City time, on October 14, 2009 to 5:00 p.m., New York City time, on October 15, 2009. Consequently, PBIH expects that if it elects to accept tendered shares of Series A through D early, the early settlement date for the Tender Offers will be October 16, 2009. The Tender Offers were previously made pursuant to PBIH's Offer to Purchase, dated September 30, 2009 (the "Offer to Purchase") and a related letter of transmittal (the "Letter of Transmittal"). The other terms, conditions and timing of the Tender Offers remain unchanged.

PBIH also announced today that it has terminated its previously announced tender offer for its Variable Term Voting Preferred Stock, Series E (CUSIP No. 724481874) (the "Series E"). The tender offer for the Series E shares was previously made pursuant to the Offer to Purchase and the related Letter of Transmittal. The previously announced tender offer consideration for the Series E will not be paid or become payable to holders of the Series E who validly tendered their Series E shares. All shares of Series E previously tendered and not withdrawn will be promptly returned to their respective holders. This press release formally terminates the tender offer with respect to the Series E shares. This press release is neither an offer to purchase nor a solicitation of an offer to sell the Series E.

Persons with questions regarding the Tender Offers should contact the dealer managers: BofA Merrill Lynch at: (888) 292-0070 (toll free) or (646) 855-3401 (collect) or Deutsche Bank Securities at (866) 627-0391 (toll free) or (212) 250-2955 (collect). Questions may also be directed to Global Bondholder Services Corporation at (866) 470-3800 (toll free) or (212) 430-3774 (collect).

About Pitney Bowes Inc.

Pitney Bowes is a $6.3 billion global technology leader whose products, services and solutions deliver value within the mailstream and beyond. For more information about the company, its products, services and solutions, visit

About Pitney Bowes International Holdings, Inc.

PBIH and its subsidiaries market and sell a variety of mailing systems, solutions and services to customers in the United Kingdom and Canada, as well as certain countries in Europe, Asia, South and Central America, the Middle East and Africa. Through its financial services businesses, PBIH also provides lease financing for its products to customers in many of the countries in which it operates. The principal executive offices of PBIH are located at 801 N. West Street, 2nd Floor, Wilmington, Delaware 19801.

Forward-looking Information

This press release may include forward-looking statements of PBIH. These forward-looking statements are not statements of historical fact but rather reflect PBIH's current expectations, estimates and predictions about future results and events. These statements may use words such as "should," "likely," "target," "anticipate," "believe," "estimate," "expect," "intend," "predict," "project" and similar expressions as they relate to PBIH or its management. When PBIH makes forward-looking statements, they are based on its management's beliefs and assumptions, using information currently available to PBIH. These forward-looking statements are subject to risks, uncertainties and assumptions, discussed in the Offer to Purchase. PBIH undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, developments or otherwise. If one or more of these or other risks or uncertainties materialize, or if PBIH's underlying assumptions prove to be incorrect, actual results may vary materially from what PBIH projected. Any forward-looking statements of PBIH you read in this press release, reflect PBIH's current views with respect to future events and are subject to these and other risks, uncertainties and assumptions relating to PBIH's operations, results of operations, growth strategy and liquidity. All subsequent written and oral forward-looking statements attributable to PBIH or individuals acting on PBIH's behalf are expressly qualified in their entirety by this section.