Board of International Paper APPM approves change in directorate

At meeting held on 17 October 2014

International Paper APPM announced that the Board of Directors of the Company at its meeting held on 17 October 2014:

1. Accepted the resignation of W. Michael Amick Jr. as Executive Chairman with effect from the close of office hours of 31 October 2014. He will, however, continue as Non-Executive Director effective 01 November 2014.

2. Approved the appointment of Rampraveen Swaminathan who is currently functioning as Managing Director & CEO as Chairman & Managing Director effective 01 November 2014.

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