International Paper Declares Dividend

                    International Paper Declares Dividend

PR Newswire

MEMPHIS, Tenn., Jan. 8, 2013

MEMPHIS, Tenn., Jan. 8, 2013 /PRNewswire/ -- International Paper (NYSE: IP)
today declared a quarterly dividend of $0.30 per share for the period from
January 1, 2013, to March 31, 2013, inclusive, on its common stock, par value
$1.00. This dividend is payable on March 15, 2013, to holders of record at the
close of business on February 15, 2013.

(Logo: http://photos.prnewswire.com/prnh/20020701/IPLOGO )

Today the company also declared a regular quarterly dividend of $1.00 per
share for the period from January 1, 2013, to March 31, 2013, inclusive, on
the cumulative $4.00 preferred stock of the company. This dividend is also
payable on March 15, 2013, to holders of record at the close of business on
February 15, 2013.

About International Paper
International Paper (NYSE: IP) is a global paper and packaging company with
manufacturing operations in North America, Europe, Latin America, Russia, Asia
and North Africa. Its businesses include uncoated papers and industrial and
consumer packaging, complemented by xpedx, the company's North American
distribution company. Headquartered in Memphis, Tenn., the company employs
approximately 70,000 people and is strategically located in more than 24
countries serving customers worldwide. International Paper net sales for
2011 were $26 billion. Temple-Inland Inc., which was acquired in February
2012, had 2011 net sales of $4 billion. For more information about
International Paper, its products and stewardship efforts, visit
internationalpaper.com.

SOURCE International Paper

Website: http://www.internationalpaper.com
Contact: Media: Thomas J. Ryan, +1-901-419-4333; Investors: Glenn Landau,
+1-901-419-1731, and Michele Vargas, +1-901-419-7287
 
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