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CSP INC /MA/ Director's Dealing 2005

May 16, 2005

34072_dirs_2005-05-16_4001334e-e677-41c6-a80d-31554a4a7fc8.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CSP INC /MA/ (CSPI)
CIK: 0000356037
Period of Report: 2005-05-12

Reporting Person: Lupinetti Alexander R (President,CEO Chairman of Boar)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2005-05-12 Common Stock P 36300 $5.73 Acquired 51255 Direct
2005-05-12 Common Stock S 36300 $10.57 Disposed 14955 Direct

Footnotes

F1: Stock Options

F2: Stock Options