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The Vanguard Group Discloses Position in International Paper

The Vanguard Group, Inc. has made a public disclosure regarding its position in International Paper Company, complying with Rule 8.3 of the Takeover Code. This disclosure concerns interests in securities representing 1% or more of a relevant company's stock.

Vanguard revealed it owns 41,315,293 common shares, which equates to an 11.90% interest in International Paper. Transactions reported include the purchase of 16,093 shares at $55.42 each and the sale of 14,305 shares at the same price.

The disclosure also mentions Smith (DS) plc as an additional interested entity. No indemnity or derivative agreements are declared beyond this. Supplemental Form 8 has not been attached, indicating no open positions requiring further details.

R. H.

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