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CSP INC /MA/ Director's Dealing 2006

May 2, 2006

34072_dirs_2006-05-02_9d040b2c-91ae-4b25-80b7-9ff90e3dbb53.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: 2006-04-30

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2006-04-30 Common Stock I 2884 $5.56 Acquired 20761 Direct

Footnotes

F1: Purchae stock - employee
Stock purchase in employee stock purchase plan