UTSTARCOM HOLDINGS CORP. — Director's Dealing 2004

Aug 31, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UTSTARCOM INC (UTSI)
CIK: 0001030471
Period of Report: 2004-08-27

Reporting Person: ATKINS BETSY S (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-08-27	Stock Option (right to buy)	$16.34	A	25000	Acquired	2014-08-27	Common Stock (25000)	Direct

Footnotes

F1: Vesting Schedule: 1/12 per month each month after August 27, 2004.