International Paper Declares Dividends

MEMPHIS, Tenn., Oct. 13  /PRNewswire-FirstCall/ -- International Paper (NYSE:IP) today declared a regular quarterly dividend of $0.025 per share for the period from Oct. 1, 2009, to Dec. 31, 2009, inclusive, on its common stock, par value $1. This dividend is payable on Dec. 15, 2009, to holders of record at the close of business on Nov. 16, 2009.

The company also declared a regular quarterly dividend of $1 per share for the period from Oct. 1, 2009, to Dec. 31, 2009, inclusive, on the cumulative $4 preferred stock of the company. This dividend is also payable on Dec. 15, 2009, to holders of record at the close of business on Nov. 16, 2009.

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 more than 58,000 people in more than 20 countries and serves customers worldwide. 2008 net sales were approximately $25 billion. For more information about International Paper, its products and stewardship efforts, visit http://www.internationalpaper.com/ . 

DATASOURCE: International Paper



CONTACT:  Media: Kathleen Bark, [phone], Investors: Thomas A.

Cleves, [phone] or Emily Nix, [phone], all of International

Paper



Web Site:  http://www.internationalpaper.com/ 

Copyright