UTSTARCOM HOLDINGS CORP. — Director's Dealing 2007

Oct 11, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UTSTARCOM INC (UTSI)
CIK: 0001030471
Period of Report: 2007-10-04

Reporting Person: LU HONG LIANG (Director, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-10-04	Common Stock	G	14073	—	Disposed	115927	Indirect
2007-10-04	Common Stock	G	14073	—	Acquired	14073	Indirect

Footnotes

F1: On October 4, 2007, the reporting person transferred 14,073 shares of UTSI common stock from the Lu Charitable Remainder Trust to The Lu Family Trust of which the reporting person is a trustee and of which the reporting person and his wife are beneficiaries. The reporting person continues to report beneficial ownership of all the UTSI common stock held by the trust but disclaims beneficial ownership except to the extent of his and his wife's pecuniary interest therein.