Business News

International Paper to Voluntarily Delist Common Stock from Amsterdam and Switzerland Stock Exchanges; Common Stock Remains Listed on New York Stock Exchange

Tuesday 11. November 2008 - International Paper (NYSE: IP) today announced that it has initiated the process of voluntarily delisting the company's common stock from the Euronext Amsterdam and Swiss stock exchanges due to extremely low trading volumes on these exchanges.

International Paper’s shares will remain listed on the New York stock exchange, the leading stock exchange in the world. The delistings will not cause an inconvenience to the Company’s shareholders and investors due to the fact that international investors can easily trade shares on the New York stock exchange.

International Paper expects to complete the delistings during the first quarter of 2009.