September 21, 2000
The Female Health Company
875 North Michigan Avenue
Suite 3660
Chicago, Illinois 60611
Gentlemen: Re: Registration Statement on Form SB-2
We have acted as counsel for The Female Health Company, a Wisconsin
corporation (the "Company"), in connection with the Company's registration of
650,000 shares (the "Shares") of its $.01 par value common stock at the request
of three selling stockholders (the "Selling Stockholders").
In such capacity we have examined, among other documents, the Articles of
Incorporation of the Company, as amended and the Registration Statement on Form
SB-2 to be filed by the Company with the Securities and Exchange Commission on
or shortly after the date of this letter covering the sale by the Selling
Stockholders of the Shares. Based on the foregoing and such additional
investigation as we have deemed necessary, it is our opinion that the Shares
have been validly issued and are fully-paid and nonassessable, except as set
forth in Wisconsin Statutes section 180.0622(2)(b), as interpreted, which
provides that shareholders of the Company may be personally liable in an amount
equal to the par value of their shares for all debts owing to employees of the
Company for services performed for the Company, but not exceeding six months'
service in any one case
.
We consent to the filing of a copy of this opinion as an exhibit to the
Registration Statement on Form SB-2 and to the use of our name beneath the
caption "Legal Matters" in the prospectus forming a part of the Registration
Statement.
.
REINHART, BOERNER, VAN DEUREN,
NORRIS & RIESELBACH, s.c.
BY /s/ James M. Bedore
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James M. Bedore
