ALTISOURCE PORTFOLIO SOLUTIONS S.A. — Director's Dealing 2011

Nov 2, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Altisource Portfolio Solutions S.A. (ASPS)
CIK: 0001462418
Period of Report: 2011-10-31

Reporting Person: Shepro William B (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-10-31	Common Stock	M	6577.0000	$8.3500	Acquired	6577.0000	Direct
2011-10-31	Common Stock	M	4866.0000	$6.9100	Acquired	11443.0000	Direct
2011-11-02	Common Stock	S	11443.0000	$40.5200	Disposed	0.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-10-31	Stock Options	$6.9100	M	4866.0000	Disposed	2012-01-31	Common Stock (4866.0000)	Direct
2011-10-31	Stock Options	$8.3500	M	6577.0000	Disposed	2012-01-31	Common Stock (6577.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	24863.0000	Indirect