MEMPHIS, Tenn., June 30 /PRNewswire-FirstCall/ -- International Paper (NYSE: IP) today announced it has relocated its global headquarters to Memphis, Tenn., from Stamford, Conn., effective July 1. The company first announced plans to relocate in August 2005.

(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO )

International Paper's global headquarters are located at International Place, 6400 Poplar Ave., Memphis, Tenn., 38197. The company employs approximately 3,000 people in Memphis.

Headquartered in the United States, International Paper has been a leader in the forest products industry for more than 100 years. The company is currently transforming its operations to focus on its global uncoated papers and packaging businesses, which operate and serve customers in the U.S., Europe, South America and Asia. These businesses are complemented by an extensive North American merchant distribution system. International Paper is committed to environmental, economic and social sustainability, and has a long-standing policy of using no wood from endangered forests. To learn more, visit http://www.internationalpaper.com.

SOURCE  International Paper
    -0-                             06/30/2006
    /CONTACT:  Media: Amy J. Sawyer, +1-901-419-4312, or Investors: Brian
McDonald, +1-203-541-8586, or Darial Sneed, +1-203-541-8541, or Brian
Turcotte, +1-203-541-8632, all for International Paper/
    /Photo:  http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO /
    /Web site:  http://www.internationalpaper.com /
    (IP)

CO:  International Paper
ST:  Tennessee
IN:  PAP ENV
SU:

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1325 06/30/2006 09:45 EDT http://www.prnewswire.com