Save the Children Elects Anne M. Mulcahy as Chair of the Board

WESTPORT, CT, Nov 12 (MARKET WIRE) --
Save the Children today announced that Anne M. Mulcahy, Chairman of Xerox
Corporation (NYSE: XRX), has been elected Chair of the Board of Trustees,
effective March 2, 2010. Mulcahy succeeds Robert A. Daly, former head of
Warner Brothers, who is stepping down after serving as the global
humanitarian organization's Chair for the last five years.

"Anne is a talented and accomplished leader who has a proven record of
using innovative approaches and model practices to find even better ways
to do great work," said Robert A. Daly, President of Rulemaker, Inc. "She
is bringing her significant expertise to Save the Children at a critical
time, as the needs of children living in poverty have never been greater
-- both here in the United States and in the developing world."

Mulcahy will be the latest private sector executive to serve as Board
Chair at Save the Children. Prior to Daly's election in 2005, Thomas S.
Murphy, retired Chairman and CEO of Capital Cities/ABC, served as Chair
from 1997 - 2005.

Mulcahy served as Chairman and CEO of Xerox from August 2001 through June
2009. She retired from the CEO position effective July 1, though she
remains Chairman of the Board. Mulcahy is a 33-year veteran of Xerox who
began her career as a field sales representative and assumed increasingly
important sales and senior management positions over the past three
decades.

"I researched a number of worthy organizations but ultimately chose to
work with Save the Children because of its long history, fiscal
accountability and capacity to effect change for children on a global
scale," said Mulcahy.

Daly informed the Board in late 2008 that he intended to step down from
the Chairman role this year. In his five years as the Save the Children
Board Chair, he has overseen annual program growth averaging 13.5
percent, with 48 million children served in 2008, and operating revenue
growth per year of 11 percent. He also spearheaded the creation of Save
the Children's first domestic emergency response unit in the United
States, which has proven successful in responding to disasters such as
Hurricanes Katrina, Gustav and Ike.

Daly recently accepted the role of Chairman of the Board of Directors for
the American Film Institute, effective March 2010.

"Under Bob's leadership, Save the Children's world-class Board of Trustees
has focused on strategies to deliver positive results to greater numbers
of children in need in more than 50 countries, including the United
States," said Save the Children President and CEO Charles F. MacCormack.
"Of particular note, Bob helped strengthen significantly our work in the
U.S., including guiding our response to the youngest victims of Hurricane
Katrina and the creation of a domestic emergency response unit to provide
immediate aid to children affected by disasters in the U.S. We thank Bob
for his strong leadership of our board over these past five years, and
wish him all the best in the years ahead."

Save the Children is the leading independent organization that creates
lasting change for children in need in the United States and around the
world. Save the Children USA is a member of the International Save the
Children Alliance, a global network of 29 independent Save the Children
organizations working to ensure the well-being and protection of children
in more than 120 countries. Follow us on Twitter and Facebook.

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Press Contact:

Wendy Christian
Senior Director
Media Relations and Communications
Save the Children
203.221.3767
203.465.8010
wchristian@savechildren.org

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