TAIWAN PULP &PAP said unconsolidated sales in May fell 21.77% to NT$325,830,000 from NT$416,517,000, according to a statement filed to the Taiwan Stock Exchange.

(Figures are in thousands of New Taiwan dollars)

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5/2012 5/2011 Sales 325,830 416,517 YOY% -21.77%

-----------------Year-to-date----------------- Sales 1,763,648 2,155,796 YOY% -18.19% =================================================================