CSP INC /MA/ — Director's Dealing 2007

Jan 25, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CSP INC /MA/ (CSPI)
CIK: 0000356037
Period of Report: 2007-01-24

Reporting Person: JAMES C SHELTON (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-01-24	Common Stock	M	1000	$6.14	Acquired	7100	Direct

Footnotes

F1: Exercise of Stock Options