Exhibit (a)(1)(I)

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                                                           2 MANHATTANVILLE ROAD
                                                         PURCHASE, NY 10577-2196


NEWS RELEASE

MEDIA CONTACT: Jack Cox, 914-397-1952

ANALYST CONTACTS: Carol Tutundgy, 914-397-1632; Rochelle Weitzner, 914-397-1623

         U.S. JUSTICE DEPARTMENT CLEARS SHOREWOOD PACKAGING ACQUISITION

MARCH 13, 2000

PURCHASE, N.Y. -- The U.S. Department of Justice has concluded its
Hart-Scott-Rodino review of International Paper's (NYSE:IP) announced
acquisition of Shorewood Packaging Corporation (NYSE: SWD). The Canadian
Competition Act's 14-day waiting period will expire on March 23.

International Paper launched a tender offer on February 29 for all shares of
Shorewood stock at $21 per share, or approximately $600 million. Unless
extended, the tender offer will expire at midnight on March 27. International
Paper would also assume approximately $275 million in Shorewood debt. The Boards
of Directors of both companies have unanimously approved the transaction.

Shorewood Packaging Corporation is a leading value-added provider of high
quality printing and paperboard packaging for the computer software, cosmetics
and toiletries, food, home video, music, tobacco and general consumer markets in
North America and China, with 16 plants in the United States, Canada and China.

International Paper (www.internationalpaper.com) is the world's largest paper
and forest products company. Businesses include printing papers, packaging,
building materials, chemical products and distribution. As the largest private
landowner in the U.S., the company manages its forests under the principles of
the Sustainable Forestry Initiative (SFI-sm-) program, a system that ensures the
perpetual growing and harvesting of trees while protecting wildlife, plants,
soil, air and water quality. Headquartered in the United States at Purchase,
N.Y., International Paper has operations in nearly 50 countries, employs nearly
100,000 people and exports its products to more than 130 nations.

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