## DIRECTORS 

John V. Faraci Chairman and Chief Executive Officer International Paper 

Robert M. Amen President International Paper 

Martha Finn Brooks Chief Operating Officer Novelis, Inc. 

Samir G. Gibara Retired Chairman The Goodyear Tire & Rubber Company 

James A. Henderson Retired Chairman and Chief Executive Officer Cummins Inc. 

W. Craig McClelland Retired Chairman and Chief Executive Officer Union Camp Corporation 

Donald F. McHenry Distinguished Professor of Diplomacy Georgetown University 

Charles R. Shoemate Retired Chairman, President and Chief Executive Officer Bestfoods 

William G. Walter Chairman, President and Chief Executive Officer FMC Corp. 

Papers used in this annual report: Coated cover: Carolina ® C2S Cover, 8 pt., made by our employees at the Riegelwood, N.C., Mill. 

Coated paper: Savvy TM Gloss, 80 lb. text made by our employees at the Quinnesec, Mich., Mill. 

Uncoated paper: Accent ® Opaque, Smooth, 50 lb. text made by our employees at the Ticonderoga, N.Y., Mill. 

Printed in the United States by Sandy Alexander, Clifton, N.J. 

Design: Joseph Rattan Design, Dallas, Texas 

Photography: Rusty Hill, Dallas, Texas; Tracey Kroll, Stamford, Conn.; and Ron Mueller, Stevensville, Mont. 

©2005 International Paper. All rights reserved. 

## SHAREHOLDER INFORMA TION 

Corporate Headquarters International Paper Company 400 Atlantic Street Stamford, Connecticut 06921 1-203-541-8000 

## Annual Meeting 

The next annual meeting of shareholders will be held at 10:30 a.m., Tuesday, May 10, 2005 at the Marriott Columbia City Center, Columbia, South Carolina. 

## Transfer Agent and Registrar 

Mellon Investor Services, our transfer agent, maintains the records of our registered shareholders and can help you with a variety of shareholder related services at no charge including: 

Change of name or address Consolidation of accounts Duplicate mailings Dividend reinvestment enrollment Lost stock certificates Transfer of stock to another person Additional administrative services 

Please write or call: 

Mellon Investor Services LLC Overpeck Center 85 Challenger Road Ridgefield Park, New Jersey 07660-2108 Telephone Number: 1-800-678-8715 

## Stock Exchange Listings 

Common shares (symbol: IP) are traded on the following exchanges: New York, Swiss and Amsterdam. International Paper options are traded on the Chicago Board of Options Exchange. 

## Direct Purchase Plan 

Under our plan, you may invest all or a portion of your dividends, and you may purchase up to $20,000 of additional shares each year. International Paper pays most of the brokerage commissions and fees. You may also deposit your certificates with the transfer agent for safekeeping. For a copy of the plan prospectus, call or write to the corporate secretary at the corporate headquarters. 

Independent Public Accountants Deloitte & Touche LLP Two World Financial Center New York, New York 10281 

## Reports and Publications 

Additional copies of this annual report, SEC filings and other publications are available by calling 1-800-332-8146 or writing to the investor relations department at corporate headquarters. Copies of our most recent environment, health and safety report are available by calling 1-901-419-3945.  Additional information is also available on our Web site, http://www .internationalpaper .com. 

## Investor Relations 

Investors desiring further information about International Paper should contact the investor relations department at corporate headquarters, 1-203-541-8625. 

