RESMED INC — Director's Dealing 2005

Jan 23, 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
ABN	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 10, 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 interestNature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Direct
Date of change	January 17, 2005
No. of securities held prior to change	Shares 667,786Options 240,060
Class	Common Stock
Number acquired	0
Number disposed	Shares 2,000
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Sold US$98,100
No. of securities held after change	Shares 665,786Options 240,060

+ 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-	On-market trade pursuant toexisting 10b5-1 plan		an
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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
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.