X0202 4 2006-04-10 0000051434 INTERNATIONAL PAPER CO /NEW/ IP 0001269337 GESTRICH THOMAS E C/O INTERNATIONAL PAPER 400 ATLANTIC STREET STAMFORD CT 06921 0 1 0 0 Senior Vice President Common Stock Units 2006-04-10 4 A 0 461 34.40 A Common Stock 461 39256 I DCSP Share numbers are rounded. The International Paper Company Deferred Compensation Savings Plan (DCSP) is an unfunded deferred compensation plan. Deferrals are placed into various fund equivalents offered by the DCSP, including investments in common stock equivalents of International Paper (units). The units are converted to cash based on the stock price of International Paper's common stock at the time of conversion. Distributions from the DCSP are made when a participant retires, terminates employment, becomes permanently disabled or dies. All distributions are paid in cash. Beth Murphree, Attorney-in-Fact for Thomas E. Gestrich 2006-04-11