RESTATED FINANCIAL DATA SCHEDULE
Published on
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS FINANCIAL INFORMATION EXTRACTED FROM PITNEY BOWES INC.
CONSOLIDATED BALANCE SHEET, CONSOLIDATED STATEMENT OF INCOME, CORRESPONDING
FOOTNOTE #3 FIXED ASSETS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<RESTATED>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> DEC-31-1995
<CASH> 85,352
<SECURITIES> 3,201
<RECEIVABLES> 1,646,008<F1>
<ALLOWANCES> 50,749<F1>
<INVENTORY> 311,271
<CURRENT-ASSETS> 2,101,097
<PP&E> 2,663,550<F2>
<DEPRECIATION> 1,395,212<F2>
<TOTAL-ASSETS> 7,844,648
<CURRENT-LIABILITIES> 3,501,576
<BONDS> 1,048,515
<PREFERRED-MANDATORY> 200,000
<PREFERRED> 2,594
<COMMON> 323,338
<OTHER-SE> 1,745,168
<TOTAL-LIABILITY-AND-EQUITY> 7,844,648
<SALES> 1,546,393
<TOTAL-REVENUES> 3,554,754
<CGS> 941,124
<TOTAL-COSTS> 1,404,725
<OTHER-EXPENSES> 81,800
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 226,110
<INCOME-PRETAX> 618,931
<INCOME-TAX> 211,222
<INCOME-CONTINUING> 407,709
<DISCONTINUED> 175,431
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 583,140
<EPS-PRIMARY> 1.93
<EPS-DILUTED> 1.91
<FN>
<F1>Receivables are comprised of trade receivables of $399,777 and short-term
finance receivables of $1,246,231. Allowances are comprised of allowance for
trade receivables of $13,050 and for short-term finance receivables of $37,699.
<F2>Property, plant and equipment are comprised of fixed assets of $1,072,229 and
rental equipment and related inventories of $1,591,321. Depreciation is
comprised of depreciation on fixed assets of $577,228 and on rental equipment
and related inventories of $817,984.
</FN>
</TABLE>