Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Schiess Steven F
  2. Issuer Name and Ticker or Trading Symbol
BIOMET INC [BMET]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Vice President
(Last)
(First)
(Middle)
4555 RIVERSIDE DRIVE
3. Date of Earliest Transaction (Month/Day/Year)
07/05/2005
(Street)

PALM BEACH GARDENS, FL 33410
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock               8,701 D  
Common Stock               2,464 (1) I Biomet 401(k) Plan
Common Stock               1,307 (2) I BMET Employee Stock Bonus Plan

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stck Option $ 34.49 07/05/2005   A   1,250   07/05/2006 07/04/2008 Common Stock 1,250 $ 0 28,550 D  
Employee Stck Option $ 34.49 07/05/2005   A   1,250   07/05/2007 07/04/2009 Common Stock 1,250 $ 0 29,800 D  
Employee Stck Option $ 34.49 07/05/2005   A   1,250   07/05/2008 07/04/2010 Common Stock 1,250 $ 0 31,050 D  
Employee Stck Option $ 34.49 07/05/2005   A   1,250   07/05/2009 07/04/2011 Common Stock 1,250 $ 0 32,300 D  
Employee Stck Option $ 34.49 07/05/2005   A   1,250   07/05/2010 07/04/2012 Common Stock 1,250 $ 0 33,550 D  
Employee Stck Option $ 34.49 07/05/2005   A   1,250   07/05/2011 07/04/2013 Common Stock 1,250 $ 0 34,800 D  
Employee Stck Option $ 34.49 07/05/2005   A   1,250   07/05/2012 07/04/2014 Common Stock 1,250 $ 0 36,050 D  
Employee Stck Option $ 34.49 07/05/2005   A   1,250   07/05/2013 07/04/2015 Common Stock 1,250 $ 0 37,300 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Schiess Steven F
4555 RIVERSIDE DRIVE
PALM BEACH GARDENS, FL 33410
      Vice President  

Signatures

 Jacqueline K. Huber POA for Steven F. Schiess   07/26/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) These shares were acquired by routine exempt acquisitions under Rule 16b-3(c) on a periodic basis pursuant to the Biomet, Inc. 401(k) Profit Sharing Plan. The information reported herein is based on the estimates issued by the Plans's recordkeeper as of May 31, 2005.
(2) These shares were acquired in routine exempt acquisitions pursuant to Rule 16b-3 on a periodic basis between June 1, 2004 and May 31, 2005 pursuant to the Biomet, Inc. Employee Stock Bonus Plan. The information reported herein is based upon estimates provided by the Plan's recordkeeper as of May 31, 2005.

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