CSP INC /MA/ — Director's Dealing 2006

Aug 18, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CSP INC /MA/ (CSPI)
CIK: 0000356037
Period of Report: 2006-08-18

Reporting Person: Lupinetti Alexander R (President/CEO/Chairman of BD)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-08-16	Common Stock	I	20000	$5.73	Acquired	40761	Direct
2006-08-16	Common Stock	I	20000	$8.0025	Disposed	20761	Direct

Footnotes

F1: Exercis of Stock Options

F2: Stock Options