EARNINGS RELEASES

Read-Rite issues the quarterly earnings news release after the market close, 1:00 pm PST, on the date noted below. Information about conference calls is available approximately one month prior to the release date.

Event		Date
	-

• July 31, 2002
  Read-Rite reports Third quarter fiscal 2002 results.
  
• April  30, 2002
  Read-Rite reports second quarter fiscal 2002 results.
  
• January 30, 2002
  Read-Rite's magnetic recording head operations Report Q1 earnings per share of $0.04 and net income of $4.8 million  
  
• October 30,2001
  Read-Rite Reports Q4 earnings per share of $0.06 and net income of $7.5 million and closes fiscal year 2001 with fourth consecutive profitable quarter; Company's year-to-year results show 28% increase in revenues, 138% growth in cash and a 70% drop in debt; profitability expected to continue in December quarter.  
  
• July 25,2001
  Read-Rite's profitability continues in company's third fiscal quarter; pro format earnings of $0.04 per share; GAAP earnings of $0.08 per share including one-time gain.   
  
• April 18,2001
  Read-Rite reports second fiscal quarter results; Company grows revenue, maintains profitability, improves balance sheet and reduces fixed costs.   
  
• January 24, 2001
  Read-Rite Corporation will release its First Quarter 2001 financial results after the market closes on Wednesday, January 24, 2001.
  
• November 1, 2000
  Read-Rite Corporation will release its Fourth Quarter and Fiscal Year End 2000 financial results after the market closes on Wednesday, November 1, 2000.
  
  
• July 26, 2000
  Read-Rite Corporation announces Third Fiscal Quarter 2000 results; Weekly unit shipment up 10% and operating results continue to improve.
  
  
• April 26, 2000
  Read-Rite announces Second Fiscal Quarter 2000 results; Company Doubles GMR Output With Strong Sequential Revenue Growth; Consolidates Wafer Fabs And Headstack Operations; Realizes Extraordinary Gain On Exchange Offering.
  
  
• January 10, 2000
  Read-Rite announces first Fiscal Quarter 2000 results; company completes GMR transition with sequential revenue growth, reduced losses and enters second fiscal quarter with strong backlog.