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International Paper Declares Dividend

January 14, 2014

Declares a quarterly dividend of $0.35 per share

International Paper  declared a quarterly dividend of $0.35 per share for the period from Jan. 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 Feb. 17, 2014. 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 Feb. 17, 2014.