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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 BoTp9o2WLreEBCq8g3PEf+VMmTJYNlc2VsdBfkcsZZYYtPiitGgV4+RGYENX9cIY
 vgy7PO6v0LAuzKjFCIP5nA==

<SEC-DOCUMENT>0001189153-03-000008.txt : 20030611
<SEC-HEADER>0001189153-03-000008.hdr.sgml : 20030611
<ACCEPTANCE-DATETIME>20030611134030
ACCESSION NUMBER:		0001189153-03-000008
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030610
FILED AS OF DATE:		20030611

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			DILLON JOHN T
		CENTRAL INDEX KEY:			0001171804

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-03157
		FILM NUMBER:		03740250

	MAIL ADDRESS:	
		STREET 1:		100 NE ADAMS STREET
		CITY:			PEORIA
		STATE:			IL
		ZIP:			61629

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			INTERNATIONAL PAPER CO /NEW/
		CENTRAL INDEX KEY:			0000051434
		STANDARD INDUSTRIAL CLASSIFICATION:	PAPER MILLS [2621]
		IRS NUMBER:				130872805
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		400 ATLANTIC STREET
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06921
		BUSINESS PHONE:		203-541-8000

	MAIL ADDRESS:	
		STREET 1:		400 ATLANTIC STREET
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06921

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INTERNATIONAL PAPER & POWER CORP
		DATE OF NAME CHANGE:	19710527
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>
    <schemaVersion>X0101</schemaVersion>

    <documentType>4</documentType><periodOfReport>2003-06-10</periodOfReport>
    <issuer>
        <issuerCik>0000051434</issuerCik>
        <issuerName>INTERNATIONAL PAPER CO /NEW/</issuerName>
        <issuerTradingSymbol>IP</issuerTradingSymbol></issuer><reportingOwner><reportingOwnerId>
            <rptOwnerCik>0001171804</rptOwnerCik>
            <rptOwnerName>DILLON JOHN T</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>1</isDirector><isOfficer>1</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther><officerTitle>Chairman and CEO</officerTitle></reportingOwnerRelationship></reportingOwner><derivativeSecurity><securityTitle><value>Common Stock </value></securityTitle><conversionOrExercisePrice><value>0</value><footnoteId id="F2"/></conversionOrExercisePrice><transactionDate><value>2003-06-10</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>A</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>34</value><footnoteId id="F1"/></transactionShares><transactionValue><value>38.19</value></transactionValue><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><value>1988-08-08</value><footnoteId id="F3"/></exerciseDate><expirationDate><value>1988-08-08</value><footnoteId id="F3"/></expirationDate><underlyingSecurit
y><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>34</value><footnoteId id="F1"/></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>41552</value><footnoteId id="F1"/></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>I</value></directOrIndirectOwnership><natureOfOwnership><value>DCSP</value></natureOfOwnership></ownershipNature></derivativeSecurity><footnotes><footnote id="F1">Share numbers are rounded.</footnote><footnote id="F2">Not Applicable.</footnote><footnote id="F3">Date used as a place holder until SEC system is modified.  Amounts deferred pursuant to the IP Deferred Compensation Savings Plan.</footnote></footnotes><ownerSignature><signatureName>Rebecca Bouldien, Attorney-in-Fact for John T. Dillon</signatureName><signatureDate>2003-06-11</signatureDate></ownerSignature></ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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