(Abridged) In this paper we present photometric redshift estimates for a
sample of X-ray selected sources detected in the wide field (~2 deg^2), bright
[f_{X} (0.5-8 keV)~10^{-14} cgs] XMM-Newton/2dF survey. Unlike deeper X-ray
samples comprising a large fraction of sources with colours dominated by the
host galaxy, our bright survey primarily probes the QSO X-ray population.
Therefore photometric redshift methods employing both galaxy and QSO templates
need to be used. We employ the photometric redshift technique of
Hatziminaoglou, Mathez & Pello (2000) using 5-band photometry from the SDSS. We
separate our X-ray sources according to their optical profile to point-like and
extended. We apply QSO and galaxy templates to the point-like and extended
sources respectively. X-ray sources associated with Galactic stars are
identified and discarded from our point-like sample on the basis of their low
X-ray--to--optical flux ratio and their broad band colours that are best fit by
stellar templates. Comparison of our results with spectroscopic redshifts
available, allows calibration of our method and estimation of the photometric
redshift accuracy. For ~70 per cent of the point-like sources photometric
redshifts are correct within dz <= 0.3 (or ~75 per cent have dz/(1+z) <= 0.2),
and the rms scatter is estimated to be sigma_z = 0.30. For the optically
extended objects the photometric redshifts work only in the case of red (g - r
> 0.5 mag) sources yielding dz <= 0.15 and dz/(1+z) <= 0.2 for 73 and 93 per
cent respectively. However, we find that the above photometric redshift
technique does not work in the case of extended sources with blue colours (g -
r < 0.5): such sources cannot be fit successfully by QSO or galaxy templates,
or any linear combination of the two.Comment: Replaced due to extended revision; 11 pages, 4 figures; Accepted in
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