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International Paper Again Selected to FORTUNE's List of World's Most Admired Companies

Press release from the issuing company

Memphis, Tenn. – International Paper (NYSE: IP) announced that it has been named again by FORTUNE magazine as one of the "Worlds Most Admired Companies." International Paper has earned this recognition fifteen times in the last sixteen years based on scores achieved in the following categories: ability to attract and retain talented people; quality of management; social responsibility to the community and the environment; innovativeness; quality of products or services; wise use of corporate assets; financial soundness; long-term investment value; and effectiveness in doing business globally.

"Our mission is to improve people's lives, the planet and our company's performance by transforming renewable resources into products people depend on every day," said Mark Sutton, chairman and chief executive officer. "I want to thank our 52,000 global team members for achieving this well-deserved recognition by ensuring that our businesses are safe, successful and sustainable."

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