CSP INC /MA/ — Director's Dealing 2004

May 6, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CSP INC /MA/ (CSPI)
CIK: 0000356037
Period of Report: 2004-04-30

Reporting Person: HALL CHRISTOPHER (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-04-30	Common Stock	J	200	$5	Acquired	371500	Direct

Footnotes

F1: Distribution of shares to Board Member

F2: Amount of shares owned are 349,550 direct and 22,000 are indirect