NETSOL TECHNOLOGIES INC — Director's Dealing 2012

May 22, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NETSOL TECHNOLOGIES INC (NTWK)
CIK: 0001039280
Period of Report: 2012-05-21

Reporting Person: SHAKOW ALEXANDER (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-19	Common Stock	P	2300	$.456	Acquired	107573	Direct
2012-05-19	Common Stock	P	100	$.455	Acquired	107673	Direct
2012-05-19	Common Stock	P	500	$.459	Acquired	108173	Direct
2012-05-19	Common Stock	P	1100	$.46	Acquired	109273	Direct
2012-05-22	Common Stock	P	12000	$.47	Acquired	121273	Direct