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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1350684	China Information Security Technology Inc.	CPBY	Services-Prepackaged Software (7372)	591944687

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1382962	Huai Jiang Lin	21St Flr, Everbright Bank Bldg. Zhuzilin, Futian District, Shenzhen Guangdong F4 518040	President And Ceo	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.01 Per Share	Disposition	2010-01-12	1,600,000	$6.15	20,150,080	No	4	S	Direct
Common Stock, Par Value $0.01 Per Share	Acquisiton	2010-01-12	20,000	$0.00	20,170,080	No	4	G	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	G	Direct

Footnotes

The Reporting Person disposed of 1,600,000 shares of Common Stock that were held directly by him and now holds 19,170,080 shares of Common Stock directly and 1,000,000 shares are held indirectly through Total Device Management Limited, an entity which is owned and controlled by the Reporting Person. The Reporting Person delivered the shares pursuant to securities purchase agreement between the Reporting Person and certain accredited investors in connection with the Issuer's registered direct offering which closed on January 12, 2010, for an aggregate purchase price of $9,840,000, or $6.15 per share. For more information regarding the registered direct offering, see the Issuer's current report on Form 8-K filed with the Securities and Exchange Commission on January 8, 2010.
The Reporting Person received a grant of 20,000 restricted shares of the Issuer's Common Stock under the Issuer's 2007 Equity Incentive Plan.