Joint Filing Agreement

EXHIBIT 1

Joint Filing Agreement

Pursuant to Rule 13d-1(k)(1) of the Securities Exchange Act of 1934, each of the parties to this Joint Filing Agreement (this “Agreement”) agrees that the statement on Schedule 13G with respect to the common stock issued by Refocus Group, Inc., to which this Agreement is attached as an Exhibit, is filed on behalf of each such party and that any amendments to the attached Schedule 13G will likewise be filed on behalf of each such party.

IN WITNESS WHEREOF, the undersigned have caused this Joint Filing Agreement to be executed on February 9, 2004.

	RAM TRADING, LTD.
	By:		Xxxxxxx Capital Management, L.L.C., its
			Investment Manager
		By:		/s/ A.R. Xxxxx Xxxxxxx
				Name:		A.R. Xxxxx Xxxxxxx
				Title:		Chief Executive Officer
	XXXXXXX CAPITAL MANAGEMENT, L.L.C.
	By:		/s/ A.R. Xxxxx Xxxxxxx
			Name:		A.R. Xxxxx Xxxxxxx
			Title:		Chief Executive Officer
	RAM CAPITAL, L.L.C.
	By:		Xxxxxxx Capital Management, L.L.C., its
			Investment Manager
		By:		/s/ A.R. Xxxxx Xxxxxxx
				Name:		A.R. Xxxxx Xxxxxxx
				Title:		Chief Executive Officer

	RAM CAPITAL INVESTMENTS, LTD.
	By:		Xxxxxxx Capital Management, L.L.C., its
			Investment Manager
		By:		/s/ A.R. Xxxxx Xxxxxxx
				Name:		A.R. Xxxxx Xxxxxxx
				Title:		Chief Executive Officer
	THR, INC.
	By:		/s/ A.R. Xxxxx Xxxxxxx
			Name:		A.R. Xxxxx Xxxxxxx
			Title:		Chief Executive Officer
	/s/ A.R. Xxxxx Xxxxxxx
	A.R. Xxxxx Xxxxxxx
	XXXXXXX XXXX/SHORT TRADING LTD.
	By:		Xxxxxxx Capital Management, L.L.C., its
			Investment Manager
		By:		/s/ A.R. Xxxxx Xxxxxxx
				Name:		A.R. Xxxxx Xxxxxxx
				Title:		Chief Executive Officer