Inotiv, Inc. — Director's Dealing 2006

May 17, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BIOANALYTICAL SYSTEMS INC (BASI)
CIK: 0000720154
Period of Report: 2006-05-15

Reporting Person: BRUNTLETT CRAIG S (Sr. Vice Pres. International)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-05-15	Common Stock	S	200	$6.700	Disposed	57799	Direct
2006-05-15	Common Stock	S	100	$6.600	Disposed	57799	Direct
2006-05-15	Common Stock	S	2053	$5.860	Disposed	57799	Direct
2006-05-15	Common Stock	S	100	$6.260	Disposed	57799	Direct
2006-05-15	Common Stock	S	400	$6.000	Disposed	57799	Direct
2006-05-15	Common Stock	S	99	$6.020	Disposed	57799	Direct
2006-05-15	Common Stock	S	99	$6.170	Disposed	57799	Direct
2006-05-15	Common Stock	S	50	$6.010	Disposed	57799	Direct
2006-05-15	Common Stock	S	300	$6.150	Disposed	57799	Direct
2006-05-15	Common Stock	S	99	$6.190	Disposed	57799	Direct
2006-05-15	Common Stock	S	100	$6.470	Disposed	57799	Direct
2006-05-15	Common Stock	S	100	$6.570	Disposed	57799	Direct
2006-05-15	Common Stock	S	1200	$6.400	Disposed	57799	Direct
2006-05-15	Common Stock	S	100	$6.410	Disposed	57799	Direct

Footnotes

F1: On May 15, 2006, Mr. Bruntlett sold a total of 5,000 shares. Following these sales Mr. Bruntlett holds a total of 57,799
shares of Common Stock.