X0202 4 2005-03-07 0000790228 SPECIALIZED HEALTH PRODUCTS INTERNATIONAL INC SHPI 0000923421 WILKERSON L JOHN C/O GALEN ASSOCIATES 610 FITH AVENUE, 5TH FLOOR NEW YORK NY 10020 0 0 1 0 Warrants to Purchase Common Stock .02 2005-03-07 4 J 0 36543 A 2005-03-07 2008-03-07 Common Stock 36543 36543 I By Galen Partners III, L.P. Warrants to Purchase Common Stock .02 2005-03-07 4 J 0 3308 A 2005-03-07 2008-03-07 Common Stock 3308 3308 I By Galen Partners International III, L.P. The Warrants were issued as consideration for the agreement of Galen Partners III, L.P., Galen Partners International III, L.P. and Galen Employee Fund III, L.P. to, under certain circumstances, purchase convertible promissory notes from the Issuer in the aggregate principal amount of $1,000,000. By Galen Partners III, L.P. ("Galen III"). The reporting person is one of several managing members of the sole general partner of Galen III. Pursuant to Instruction 4(b)(iv) of Form 4, the reporting person has elected to report as indirectly beneficially owned the entire number of securities beneficially owned by such limited partnership. The reporting person disclaims beneficial ownership of any securities, and any proceeds thereof, that exceed his pecuniary interest therein, and/or that are not actually distributed to him. By Galen Partners International III, L.P. ("Galen Intl"). The reporting person is one of several managing members of the sole general partner of Galen Intl. Pursuant to Instruction (4)(b)(iv) of Form 4, the reporting person has elected to report as indirectly beneficially owned the entire number of securities beneficially owned by such limited partnership. The reporting person disclaims ownership of any securities, and any proceeds thereof, that exceed his pecuniary interest therein, and/or that are not actually distributed to him. L. John Wilkerson 2005-03-09