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Letter to Shareholders Dated May 31, 2002

The attached Adobe PDF document is a letter to shareholders dated May 31, 2002.

Due to a technical error in the Yahoo! Finance system that has delayed posting, some followers of Retractable Technologies may not have seen this letter. The document may also be accessed via the 8-K filed with the SEC on the same date.

Thomas J. Shaw, President and CEO of Retractable Technologies, provides a comprehensive update on the status of safety needle products available on the market and in development in response to recent news and questions about product announcements.

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