Article: International Paper to Close Inverurie, Scotland, Mill

To: BUSINESS EDITORS

Contact: Media: John Gerrie, +44-(0)-7876-216850, Kathleen Bark, +1-901-419-6397; Investors: Tom Cleves, +1-901-419-7566, Ann-Marie Donaldson, +1-901-419-4967, and Emily Nix, +1-901-419-4987, all of International Paper

BRUSSELS, and MEMPHIS, Tenn., Feb. 17 /PRNewswire-FirstCall/ -- International Paper announced today that it will close its Inverurie, Scotland, Mill by the end of March. A three-month employee consultation process failed to find a financially viable alternative future for the mill.

(Logo: http://www.newscom.com/cgi-bin/prnh/20020701/IPLOGO)

The closure removes 250,000 tonnes of uncoated freesheet capacity from International Paper's European output.

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