FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
WENNINGER RICHARD E
   2. Issuer Name and Ticker or Trading Symbol
FEMALE HEALTH CO [FHCO] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
THE FEMALE HEALTH COMPANY, 855 WEST DEAN ROAD		 3. Date of Earliest Transaction (Month/Day/Year)
01/08/2003
(Street)

MILWAUKEE, WI 53217		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $.01 per share 01/08/2003(5)   C   500,000 A (4) 2,314,251 (3) D (1)  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Convertible debenture (4) 01/08/2003   C   500,000 (2)   01/08/2003 03/30/2004 Common Stock 500,000 (2) $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
WENNINGER RICHARD E
THE FEMALE HEALTH COMPANY
855 WEST DEAN ROAD
MILWAUKEE, WI 53217		   X   X    

Signatures

 James Bedore, Attorney-in-fact   12/18/2003
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) In addition to the 2,314,251 shares held directly, 5,000 shares are held indirectly by reporting person's spouse. Mr. Wenninger disclaims beneficial ownership of these shares.
(2) The number of shares of common stock able to be purchased is determined by dividing $250,000, the principal due under the debenture, by the conversion rate of $0.50 (as determined in accordance with footnote 4 below).
(3) Includes 4,878 shares of common stock of the issuer received by Mr. Wenninger in exchange for interest payments owed by the issuer on the convertible debenture held by Mr. Wenninger prior to the conversion of such debenture.
(4) The debenture contains a floating conversion rate that fluctuated, based upon the average market price of the issuer's common stock during the five day period preceding the date of the conversion notice, between $0.50 and $1.00. Based upon the average market price of the isssuer's common stock during such five day period, the conversion rate was $0.50.
(5) This Form 4 amends the reporting person's Form 4 originally filed on February 14, 2003.

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