MEMPHIS, Tenn., Jan. 29 /PRNewswire-FirstCall/ -- International Paper (NYSE: IP) announced today that it is rescheduling its previously announced Investor Day from Feb. 18 to June 9. The company made the decision to postpone the event, which was originally intended to focus solely on its industrial packaging business, in order to provide a broader company update.

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Attendance will be limited to invited members of the investment community. However, the event will be webcast live, and all interested parties will be invited to listen via International Paper's Internet site at http://www.internationalpaper.com by clicking on the Investors tab and then clicking on the Presentations link. A replay of the webcast also will be available on the Web site beginning approximately four hours after the presentation.

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 about 61,500 people in more than 20 countries and serves customers worldwide. 2007 net sales were approximately $25 billion. For more information about International Paper, its products and stewardship efforts, visit internationalpaper.com.

SOURCE International Paper

CONTACT: Media
Kathleen Bark, +1-901-419-6397
or
Investors
Tom Cleves, +1-901-419-7566

Ann-Marie Donaldson, +1-901-419-4967
or
Emily Nix, +1-901-419-4987
all for International Paper

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