CONTAINERBOARD INDUSTRY—WE LOWER TEMPLE-INLAND (TIN $30.85) TO UNDERWEIGHT FROM OVERWEIGHT, BUT DEFER RAISING OUR PRICE TARGET ON INT’L PAPER (IP $27.77) PENDING ANTITRUST CLEARANCE; IP AGREES WITH TIN’S BOARD AT $32 UP FROM $30.60 9/7/2011

CONTAINERBOARD INDUSTRY—WE LOWER TEMPLE-INLAND (TIN $30.85)
TO UNDERWEIGHT FROM OVERWEIGHT, BUT DEFER RAISING OUR PRICE
TARGET ON INT’L PAPER (IP $27.77) PENDING ANTITRUST CLEARANCE; IP
AGREES WITH TIN’S BOARD AT $32 UP FROM $30.60  9/7/2011