INTERNATIONAL PAPER CO

Ticker: IP CUSIP: 460146103 Class: COM

ALPINE WOODS CAPITAL INVESTORS, LLC's Holding History (CIK: 0001226886)

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

Q1 2015

Shares 5,600 Value ($000) $311 Avg Close $32.75 Range $30.57 - $34.72

Q4 2014

Shares 5,600 Value ($000) $300 Avg Close $30.67 Range $26.30 - $33.18

Q3 2014

Shares 161,100 Value ($000) $7,691 Avg Close $28.63 Range $27.61 - $30.49

Q2 2014

Shares 247,000 Value ($000) $12,466 Avg Close $27.05 Range $25.40 - $29.30

Q1 2014

Shares 200,400 Value ($000) $9,194 Avg Close $27.24 Range $25.46 - $28.54

Q4 2013

Shares 16,400 Value ($000) $804 Avg Close $26.03 Range $24.27 - $28.23

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	5,600	$311	$32.75	$30.57 - $34.72
Q4 2014	5,600	$300	$30.67	$26.30 - $33.18
Q3 2014	161,100	$7,691	$28.63	$27.61 - $30.49
Q2 2014	247,000	$12,466	$27.05	$25.40 - $29.30
Q1 2014	200,400	$9,194	$27.24	$25.46 - $28.54
Q4 2013	16,400	$804	$26.03	$24.27 - $28.23