International Paper Declares Dividend

                    International Paper Declares Dividend

PR Newswire

MEMPHIS, Tenn., Jan. 14, 2014

MEMPHIS, Tenn., Jan. 14, 2014 /PRNewswire/ -- International Paper (NYSE: IP)
today declared a quarterly dividend of $0.35 per share for the period from
January 1, 2014, to March 31, 2014, inclusive, on its common stock, par value
$1.00. This dividend is payable on March 17, 2014, to holders of record at the
close of business on February 17, 2014.

(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, 2014, to March 31, 2014, inclusive, on
the cumulative $4.00 preferred stock of the company. This dividend is also
payable on March 17, 2014, to holders of record at the close of business on
February 17, 2014.

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: Jay Royalty,
901-419-1731 and Michele Vargas, 901-419-7287
 
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