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CSP INC /MA/ Director's Dealing 2005

May 12, 2005

34072_dirs_2005-05-12_03155ee4-7f93-4f4c-8330-1097e04785ea.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: 2005-05-11

Reporting Person: LEVINE GARY W (CFO/VP Finance)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2005-05-11 Common Stock P 3.662 $5.42 Acquired 9954 Direct
2005-05-11 Common Stock S 3662 $10.1 Disposed 6292 Direct

Footnotes

F1: Stock Options

F2: Stock Options