APPENDIX II 2004 CAPACITY INFORMATION (in thousands of short tons) AMERICAS, OTHER U .S. Europe THAN U.S. Total Printing Papers Uncoated Freesheet 4,000 1,286 463 5,749 Bristols 820 - - 820 Uncoated Papers and Bristols  4,820 1,286 463 6,569 Coated Freesheet 700 44 - 744 Coated Groundwood 1,200 - 224 1,424 Total Coated Papers 1,900 44 224 2,168 Uncoated Groundwood (SC Paper) 100 - - 100 Total Coated and SC Papers 2,000 44 224 2,268 Dried Pulp* 1,325 231 23 1,579 Newsprint - 124 - 124 Total Printing Papers 8,145 1,685 710 10,540 Industrial and Consumer Packaging Containerboard 4,500 170 - 4,670 Kraft Paper 600 - - 600 Bleached Board 1,800 280 - 2,080 Specialty Papers 360 15 - 375 Total Industrial and Consumer Packaging 7,260 465 - 7,725 Carter Holt Harvey (CHH) (Pacific Rim) owned 50.5% by International Paper Pulp & Paper (in thousands of short tons) Containerboard 441 Dried Pulp 579 Bleached Board 120 Wood Products (Units - MM) Medium Density Fiberboard (sq. ft. 3/4” basis) 565 Particle Board (sq. ft. 3/4” basis) 318 Plywood (sq. ft. 3/8” basis) 189 Laminated Veneer Lumber (sq. ft.) 90 Lumber (board ft.) 467 Forestlands (M Acres) 785 Forest Products U.S. Wood Business (Units - MM) 21 Lumber mills (board. ft.) 2,500 5 Plywood mills (sq. ft. 3/8” basis) 1,600 1 Laminated Veneer Lumber mill (cubic ft.) 3 2 Pole plants (cubic ft.) 4 Forest Resources (M Acres) We own, manage or have an interest in more than 9 million acres of forestlands worldwide. These forestlands and associated acres are located in the following regions: South 5,985 North 840 Total U.S. 6,825 CHH 785 Brazil 1,220 Total 8,830 We have harvesting rights in:  Russia 502 Total 502 * International Paper has a net surplus pulp position of 0.6 million tons. This is the difference between the 1.6 million tons of dried pulp capacity and  1.0 million tons of dried pulp purchased and consumed. A-5