UTSTARCOM HOLDINGS CORP. — Director's Dealing 2004

Sep 24, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UTSTARCOM INC (UTSI)
CIK: 0001030471
Period of Report: 2004-09-22

Reporting Person: WU YING (Director, Executive VP & Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-09-22	Common Stock	P	2200	$14.10	Acquired	3871801	Direct
2004-09-22	Common Stock	P	5200	$14.11	Acquired	3877001	Direct
2004-09-22	Common Stock	P	45700	$14.12	Acquired	3922701	Direct
2004-09-22	Common Stock	P	64500	$14.13	Acquired	3987201	Direct
2004-09-22	Common Stock	P	5200	$14.14	Acquired	3992401	Direct
2004-09-22	Common Stock	P	7100	$14.15	Acquired	3999501	Direct
2004-09-22	Common Stock	P	400	$14.16	Acquired	3999901	Direct
2004-09-22	Common Stock	P	25000	$14.19	Acquired	4024901	Direct
2004-09-22	Common Stock	P	9500	$14.20	Acquired	4034401	Direct
2004-09-22	Common Stock	P	24800	$14.21	Acquired	4059201	Direct
2004-09-22	Common Stock	P	2300	$14.22	Acquired	4061501	Direct
2004-09-22	Common Stock	P	700	$14.23	Acquired	4062201	Direct
2004-09-22	Common Stock	P	1300	$14.24	Acquired	4063501	Direct
2004-09-22	Common Stock	P	53300	$14.25	Acquired	4116801	Direct

Footnotes

F1: This amount represents the following shares indirectly owned by the reporting person: (i) 1,516,687 shares held directly; (ii) 4,868 shares registered in the name of Wu Living Trust; (iii) 4,873 shares registered in the name of Ashley Wu Trust-1998; (iv) 4,873 shares registered in the name of Richard Wu Trust-1998; (v) 1,505,500 shares registered in the name of Wu Partners; and (vi) 1,080,000 shares registered in the name of Stonybrook Investors L.P.