INTERNATIONAL PAPER CO

Ticker: IP CUSIP: 460146103 Class: COM

IRIDIAN ASSET MANAGEMENT LLC/CT's Holding History (CIK: 0001033427)

Note: Option positions (PUT/CALL) are excluded.

Q2 2018

Shares 4,476,956 Value ($000) $233,160 Avg Close $36.35 Range $33.57 - $40.34

Q1 2018

Shares 6,585,965 Value ($000) $351,888 Avg Close $39.21 Range $33.60 - $44.58

Q4 2017

Shares 6,264,389 Value ($000) $362,959 Avg Close $37.59 Range $35.37 - $38.93

Q3 2017

Shares 6,432,080 Value ($000) $365,471 Avg Close $36.51 Range $33.86 - $38.57

Q2 2017

Shares 5,342,050 Value ($000) $302,413 Avg Close $34.75 Range $32.17 - $37.45

Q1 2017

Shares 3,745,820 Value ($000) $190,213 Avg Close $34.17 Range $32.18 - $37.84

Q4 2016

Shares 1,501,855 Value ($000) $79,688 Avg Close $31.25 Range $27.71 - $35.15

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2018	4,476,956	$233,160	$36.35	$33.57 - $40.34
Q1 2018	6,585,965	$351,888	$39.21	$33.60 - $44.58
Q4 2017	6,264,389	$362,959	$37.59	$35.37 - $38.93
Q3 2017	6,432,080	$365,471	$36.51	$33.86 - $38.57
Q2 2017	5,342,050	$302,413	$34.75	$32.17 - $37.45
Q1 2017	3,745,820	$190,213	$34.17	$32.18 - $37.84
Q4 2016	1,501,855	$79,688	$31.25	$27.71 - $35.15