RAMSAY HEALTH CARE LIMITED — Director's Dealing 2005

Jan 27, 2005

Appendix 3Y

Rule 3.19A.2

Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/9/2001.

	Name of entity: RAMSAY HEALTH CARE LIMITED
ABN	57 001 288 768

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	IAN PATRICK GRIER
Date of last notice	15 October 2004

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Direct or indirect interest	Direct interest - see below
	Indirect interest - no change
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	NIL
Date of change	20/01/05
No. of securities held prior to change	76,485 Ordinary Shares held directly by Mr Grier
Class	Ordinary shares
Number acquired	680 ordinary shares
Number disposed	NIL
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$5,000
No. of securities held after change	77,165 Ordinary Shares held directly by Mr Grier

+ See chapter 19 for defined terms.

Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Share Purchase Plan
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Part 2 - Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of 'notifiable interest of a director'' should be disclosed in this part.

Detail of contract	No change
Nature of interest
Name of registered holder(if issued securities)
Date of change
No, and class of securities to which interestrelated prior to changeNote: Details are only required for a contract in relation to which theinterest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details and an estimatedvaluation
Interest after change

$+$ See chapter 19 for defined terms.