Within the SMB Solutions Group:

North America Mailing
			3Q 2014		Y-O-Y Change		Change ex Currency
	Revenue		$363 million		(5%)		(4%)
	EBIT		$160 million		1%

Within the North America Mailing results, recurring revenue streams continued to decline at a lesser rate versus prior periods due to sustained growth in supplies revenue and a further moderation in the decline in financing and rentals revenue. However, equipment sales declined as the Company continues to drive productivity improvements in its transition to expanded inside sales and web channels. EBIT margin improved during the quarter due to on-going benefits from the go-to-market strategy and incremental cost reduction initiatives.

International Mailing
			3Q 2014		Y-O-Y Change		Change ex Currency
	Revenue		$132 million		(6%)		(8%)
	EBIT		$ 16 million		3%

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