April 29, 2015 - International Paper today reported first quarter 2015 net earnings attributable to common shareholders of $313 million compared with net earnings of $134 million in the fourth quarter of 2014 and a net loss of $95 million in the first quarter of 2014. First quarter 2015 earnings included a $0.04 per share non-cash foreign exchange charge for the Ilim JV, as described below, compared with a $0.40 per share charge in the fourth quarter of 2014.