International Paper Declares Dividend

                    International Paper Declares Dividend

PR Newswire

MEMPHIS, Tenn., May 14, 2013

MEMPHIS, Tenn., May 14, 2013 /PRNewswire/ -- International Paper (NYSE: IP)
today declared a quarterly dividend of $0.30 per share for the period from
April 1, 2013, to June 30, 2013, inclusive, on its common stock, par value
$1.00. This dividend is payable on June 14, 2013, to holders of record at the
close of business on May 24, 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 April 1, 2013, to June 30, 2013, inclusive, on the
cumulative $4.00 preferred stock of the company. This dividend is also payable
on June 14, 2013, to holders of record at the close of business on May 24,
2013.

About International Paper
International Paper (NYSE: IP) is a global leader in packaging and paper with
manufacturing operations in North America, Europe, Latin America, Russia, Asia
and North Africa. Its businesses include industrial and consumer packaging and
uncoated papers, 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 2012
were $28 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, 901-419-4333; Investors: Glenn Landau,
901-419-1731 and Michele Vargas, 901-419-7287
 
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