RESMED INC — Director's Dealing 2005

Jan 26, 2005

1Rule 3.19A.2

Appendix 3Y

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	RMD
JABN	46 064 514 852

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	PETER C. FARRELL
Date of last notice	January 21, 2005

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
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.
Date of change	January 24, 2005
No. of securities held prior to change	Shares 665,786Options 240,060
Class	Common Stock
Number acquired	Options 60,000
Number disposed	Shares 2,000
Value/Consideration	Shares Sold US$101,100
Note: If consideration is non-cash, provide details and estimatedvaluation	Options Acquired $2,992,200
No. of securities held after change	Shares 663,786Options 300,060

+ See chapter 19 for defined terms.

Nature of change	On-market share trade pursuant to an
Example: on-market trade, off-market trade, exercise of options, issue of	existing 10b5-1 plan; Options granted
securities under dividend reinvestment plan, participation in buy-back	on January 20, 2005 @ $49.87.

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
Nature of interest
Name of registered holder
(if issued securities)
Date of change
No. and class of securities to
which interest related prior to
change
Note: Details are only required for a contract in relation
to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-eash, provide details and
an estimated valuation
Interest after change

+ See chapter 19 for defined terms.