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International Paper
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Memphis, Tennessee, USA, 08 January 2008 -- /PRNewswire/ -- International Paper (NYSE:IP) today declared a regular quarterly dividend of USD 0.25 per share for the period from 01 January 2008, to 31 March 2008, inclusive, on its common stock, par value USD 1. This dividend is payable on 14 March 2008, to holders of record at the close of business on 15 February 2008.

Today the company also declared a regular quarterly dividend of USD 1 per share for the period from 01 January 2008, to 31 March 2008, inclusive, on the cumulative USD 4 preferred stock of the company. This dividend is also payable on 14 March 2008, to holders of record at the close of business on 15 February 2008.

About International Paper

International Paper (NYSE:IP), founded in 1898, is a global uncoated paper and packaging company with primary markets and manufacturing operations in North America, Europe, Russia, Latin America, Asia, and North Africa. Its uncoated papers and packaging businesses are complemented by xpedx, North America's largest distributor of printing papers and graphics supplies and equipment. Headquartered in the United States, International Paper employs approximately 54,000 people in more than 20 countries, and serves customers worldwide. Annual sales are about USD 22 billion. International Paper partners with customers and environmental, academic, civic, and governmental organizations, as well as landowners and harvesting professionals, to encourage responsible forest stewardship, improve the health and productivity of forestlands and increase recovery of our recyclable products. The company has a long-standing policy of using no wood from endangered forests. To learn more about International Paper, its products, and commitment to economic, social, and environmental sustainability, visit www.internationalpaper.com.

Source: International Paper


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