ALTISOURCE PORTFOLIO SOLUTIONS S.A. — Director's Dealing 2010

Nov 12, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Altisource Portfolio Solutions S.A. (ASPS)
CIK: 0001462418
Period of Report: 2010-11-11

Reporting Person: ERBEY WILLIAM C (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-11	Common Stock	M	52677.0000	$4.8800	Acquired	4163073.0000	Indirect
2010-11-11	Common Stock	M	13169.0000	$8.8300	Acquired	4176242.0000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-11	Stock Options	$8.8300	M	13169.0000	Disposed	2011-01-31	Common Stock (13169.0000)	Indirect
2010-11-11	Stock Options	$4.8800	M	52677.0000	Disposed	2011-01-31	Common Stock (52677.0000)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	15701.0000	Direct
Common Stock	1803234.0000	Indirect

Footnotes

F1: Exercise of stock options