UTSTARCOM HOLDINGS CORP. — Director's Dealing 2006

Aug 10, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UTSTARCOM INC (UTSI)
CIK: 0001030471
Period of Report: 2006-08-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-08-01	Common Stock	G	2400	—	Disposed	3988001	Direct
2006-08-01	Common Stock	G	2400	—	Disposed	3985601	Direct
2006-08-01	Common Stock	G	2400	—	Disposed	3983201	Direct
2006-08-01	Common Stock	G	2400	—	Disposed	3980801	Direct
2006-08-01	Common Stock	G	2400	—	Disposed	3978401	Direct
2006-08-01	Common Stock	G	2400	—	Disposed	3976001	Direct
2006-08-01	Common Stock	G	2400	—	Disposed	3973601	Direct
2006-08-01	Common Stock	G	2400	—	Disposed	3971201	Direct

Footnotes

F1: Transfer of shares to May Wang Chen. The reporting person disclaims beneficial ownership of the issuer's common stock held by May Wang Chen.

F2: This amount represents the following shares directly and indirectly owned by the reporting person: (i) 1,387,887 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.

F3: Transfer of shares to Michael Chen. The reporting person disclaims beneficial ownership of the issuer's common stock held by Michael Chen.

F4: This amount represents the following shares directly and indirectly owned by the reporting person: (i) 1,385,487 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.

F5: Transfer of shares to Doris Zhang. The reporting person disclaims beneficial ownership of the issuer's common stock held by Doris Zhang.

F6: This amount represents the following shares directly and indirectly owned by the reporting person: (i) 1,383,087 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.

F7: Transfer of shares to Melody Zhang. The reporting person disclaims beneficial ownership of the issuer's common stock held by Melody Zhang.

F8: This amount represents the following shares directly and indirectly owned by the reporting person: (i) 1,380,687 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.

F9: Transfer of shares to Yadan Wang Chen. The reporting person disclaims beneficial ownership of the issuer's common stock held by Yadan Wang Chen.

F10: This amount represents the following shares directly and indirectly owned by the reporting person: (i) 1,378,287 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.

F11: Transfer of shares to Weidong Wang. The reporting person disclaims beneficial ownership of the issuer's common stock held by Weidong Wang.

F12: This amount represents the following shares directly and indirectly owned by the reporting person: (i) 1,375,887 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.

F13: Transfer of shares to Jessica Chen. The reporting person disclaims beneficial ownership of the issuer's common stock held by Jessica Chen.

F14: This amount represents the following shares directly and indirectly owned by the reporting person: (i) 1,373,487 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.

F15: Transfer of shares to Joanna Chen. The reporting person disclaims beneficial ownership of the issuer's common stock held by Joanna Chen.

F16: This amount represents the following shares indirectly owned by the reporting person: (i) 1,371,087 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.