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<title>Form S-8 for Deferred Compensation Plan</title>
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<p align="right"><font size="3" face="Times New Roman">Registration No.&nbsp; 333-_________</font></p>
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<p align="center"><b><font size="3" face="Times New Roman">SECURITIES AND EXCHANGE COMMISSION</font></b><br />
 <font size="2">Washington, D.C.&nbsp; 20549</font></p>
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<p align="center"><b><font size="3" face="Times New Roman">FORM S-8</font></b><br />
 <b>REGISTRATION STATEMENT UNDER</b><br />
 <b>THE SECURITIES ACT OF 1933</b></p>
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<p align="center"><b><u><font size="2" face="Times New Roman">BIOMET, INC.<br />
</font></u></b> <font size="2">Exact Name Of Registrant As Specified In Its Charter)</font></p>
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<p align="center"><u><font size="2" face="Times New Roman">Indiana<br />
</font></u> <font size="2">(State or other jurisdiction of incorporation or organization)</font></p>
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<p align="center"><u><font size="2" face="Times New Roman">35-1418342<br />
</font></u> <font size="2">(I.R.S. Employer Identification No.)</font></p>
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<p align="center"><font size="2" face="Times New Roman">56 East Bell Drive<br />
 <u>Warsaw, Indiana 46582<br />
</u> (Address of Principal Executive Offices)</font></p>
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<p align="center"><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;</font></p>
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<p align="center"><u><font size="2" face="Times New Roman">Biomet, Inc. Deferred Compensation Plan</font></u><font size="2"><br />
 (full title of the plan)</font></p>
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<p align="center"><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;</font></p>
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<p align="center"><font size="2" face="Times New Roman">Daniel P. Hann<br />
 Biomet, Inc.<br />
 56 East Bell Drive<br />
 <u>Warsaw, Indiana 46582<br />
</u> (Name and address of agent for service)</font></p>
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<p align="center"><u><font size="2" face="Times New Roman">(574) 267-6639<br />
</font></u> <font size="2">(Telephone number, including area code, of agent for service)</font></p>
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<p align="center"><font size="2" face="Times New Roman">Copies to:</font></p>
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<p align="center"><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;</font></p>
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<p align="center"><font size="2" face="Times New Roman">Stephen J. Hackman<br />
 Ice Miller<br />
 One American Square, Box 82001<br />
 Indianapolis, Indiana&nbsp; 46282</font></p>
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<p align="center"><font size="2" face="Times New Roman">CALCULATION OF REGISTRATION FEE</font></p>
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<p align="center"><font size="2" face="Times New Roman">Title of Securities to be Registered</font></p>
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<p align="center"><font size="2" face="Times New Roman">Amount to be Registered</font></p>
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<p align="center"><font size="2" face="Times New Roman">Proposed Maximum Offering Price Per Unit <sup>(1)</sup></font></p>
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<p align="center"><font size="2" face="Times New Roman">Proposed Maximum Aggregate Offering Price <sup>(1)</sup></font></p>
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<p align="center"><font size="2" face="Times New Roman">Amount of Registration Fee</font></p>
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<p align="center"><font size="2" face="Times New Roman">Deferred Compensation Obligations</font></p>
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<p align="center"><font size="2" face="Times New Roman">$ 10,000,000</font></p>
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<p align="center"><font size="2" face="Times New Roman">$ 1.00</font></p>
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<p align="center"><font size="2" face="Times New Roman">$ 10,000,000</font></p>
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<p align="center"><font size="2" face="Times New Roman">$ 1,267.00</font></p>
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<p><font size="1" face="Times New Roman">The registration fee has been calculated pursuant to Rule 457.</font></p>

<p><b><u><font size="2" face="Times New Roman Bold"><br clear="all" />
</font></u></b></p>

<p><b><u><font size="3" face="Times New Roman Bold">PART I</font></u></b></p>

<p><b><font size="3" face="Times New Roman Bold">INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</font></b></p>

<p><font size="3" face="Times New Roman">The document(s) containing the information specified in Part I of Form S-8 (plan
information and registrant information) will be sent or given to the employees covered by the Agreements as specified by Rule
428(b)(1) under the Securities Act of 1933, as amended (the <b><i>"Securities Act"</i></b>).&nbsp; Such documents need not be filed
with the Securities and Exchange Commission (<b><i>"Commission"</i></b>) either as part of this registration statement (the
<b><i>"Registration Statement"</i></b>) or as prospectuses or prospectus supplements pursuant to Securities Act Rule 424.&nbsp;
These documents, which include the statement of availability required by Item 2 of Form S-8, and the documents incorporated by
reference in this Registration Statement pursuant to Item 3 of Form S-8 (Part II hereof), taken together, constitute a prospectus
that meets the requirements of Section 10(a) of the Securities Act.</font></p>

<p><b><font size="3" face="Times New Roman Bold">PART II</font></b></p>

<p><b><font size="3" face="Times New Roman Bold">INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</font></b></p>

<p><b><font size="3" face="Times New Roman Bold">Item 3.&nbsp; Incorporation of Documents by Reference.</font></b></p>

<p><font size="3" face="Times New Roman">The following information heretofore filed with the Securities and Exchange Commission
("Commission") pursuant to the Securities Exchange Act of 1934, as amended (the "Exchange Act"), is incorporated herein by
reference:</font></p>

<p><font size="3" face="Times New Roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Annual Report on Form 10&#8209;K of
Biomet, Inc. (the "Registrant") for the fiscal year ended May 31, 2004.</font></p>

<p><font size="3" face="Times New Roman">All documents filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of
the Exchange Act subsequent to the filing of this Registration Statement and prior to the filing of a post&#8209;effective
amendment, which indicates that all of the securities offered hereby have been sold or which deregisters all such securities then
remaining unsold, shall be deemed to be incorporated by reference in this Registration Statement and to be a part hereof from the
date of filing of those documents.&nbsp;</font></p>

<p><b><font size="3" face="Times New Roman Bold">Item 4.&nbsp; Description of Securities.</font></b></p>

<p><font size="3" face="Times New Roman">This Registration Statement covers, among other things, $10,000,000 of Deferred
Compensation Obligations that are being registered under this Registration Statement to be offered to officers and employees of the
Company and employees of participating affiliates of the Company who reside in the United States and who are designated as eligible
by the Biomet, Inc. Benefits Committee ("<b><i>Committee</i></b>").&nbsp; The following is a summary of the Plan as it relates to
the Deferred Compensation Obligations.&nbsp; The Obligations are general unsecured obligations of the Company to pay deferred
compensation in the future in accordance with the terms of the Plan from the general assets of the Company, and rank pari passu
with other unsecured and unsubordinated indebtedness of the Company outstanding from time to time.</font></p>

<p><font size="3" face="Times New Roman">The amount of compensation deferred by each participant (<b><i>"Participant"</i></b>) in
the Plan is determined in accordance with the Plan based upon elections by each Participant.&nbsp; Obligations in an amount equal
to each Participant's deferral account under the Plan (consisting of deferred salary and bonus amounts, deferred incentive
compensation and commissions, deferred gains on the exercise of non-qualified stock options, deferred shares of common stock issued
pursuant to restricted stock grants, and any appreciation or depreciation in the value of amounts deferred into the account) will
be payable in accordance with the Participant's deferral election and the terms of the Plan in a lump-sum distribution or in
installments.&nbsp; Hardship distributions are also permitted.&nbsp; The Company may also make voluntary contributions to the Plan
on behalf of the Participants, which may vest on a schedule established by the Benefits Committee.</font></p>

<p><font size="3" face="Times New Roman">Plan Participants may choose among a number of investment funds that will be used to
measure hypothetical earnings and losses on deferred amounts other than stock option gains and restricted stock grants.&nbsp; These
funds will represent a variety of risk and return characteristics.&nbsp; The investment funds may be changed or others added as
determined by the Benefits Committee.&nbsp; Hypothetical investment gains and losses on deferred stock option gains and deferred
restricted stock grants will be measured by reference to the market price of the Company's Common Shares.&nbsp; As dividends are
paid on the Common Shares, hypothetical dividend amounts with respect to deferred stock option gains and vested deferred restricted
stock will be credited to Participants' deferred accounts, and earnings on those dividend amounts will be measured by the
investment funds selected by the Participant.&nbsp; Amounts deferred under the Plan are payable in cash.</font></p>

<p><font size="3" face="Times New Roman">The benefits payable under the Plan will not revert to the Company or be subject to the
Company's creditors prior to the Company's insolvency or bankruptcy, nor, except pursuant to a valid will or the laws of descent
and distribution, will they be subject in any way to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance,
charge, garnishment, execution or levy of any kind by the Participant, the Participant's beneficiary or the creditors of either,
including such liability as may arise from the Participant's bankruptcy.</font></p>

<p><font size="3" face="Times New Roman">The Committee may amend, suspend or terminate the Plan at any time, except that no such
amendment, suspension or termination will retroactively reduce any amounts allocated to a Participant's account.&nbsp; The right of
any Participant to receive future payments under the provisions of the Plan shall be a contractual obligation of the Company, but
shall be subject to the claims of the creditors of the Company in the event of the Company's insolvency or bankruptcy.&nbsp; Plan
assets may, in the Company's discretion, be placed in a trust but will nevertheless continue to be subject to the claims of the
Company's creditors in the event of the Company's insolvency or bankruptcy as provided in the trust agreement.&nbsp; In any event,
the Plan is intended to be unfunded under Title I of the Employee Retirement Income Security Act of 1974, as amended.</font></p>

<p><b><font size="3" face="Times New Roman Bold">Item 5.&nbsp; Interests of Named Experts and Counsel.</font></b></p>

<p><font size="3" face="Times New Roman">Daniel P. Hann, who has rendered an opinion as to the validity of the Common Stock being
registered by this registration statement and other legal matters, is an executive officer and director of Biomet.</font></p>

<p><b><font size="3" face="Times New Roman Bold">Item 6.&nbsp; Indemnification of Directors and Officers.</font></b></p>

<p><font size="3" face="Times New Roman">The Indiana Business Corporation Law ("IBCL"), the provisions of which govern the
Registrant, empowers an Indiana corporation to indemnify present and former directors, officers, employees, or agents or any person
who may have served at the request of the corporation as a director, officer, employee, or agent of another corporation ("Eligible
Persons") against liability incurred in any proceeding, civil or criminal, in which the Eligible Person is made a party by reason
of being or having been in any such capacity, or arising out of his status as such, if the individual acted in good faith and
reasonably believed that (a) the individual was acting in the best interests of the corporation, or (b) if the challenged action
was taken other than in the individual&rsquo;s official capacity as an officer, director, employee or agent, the individual&rsquo;s
conduct was at least not opposed to the corporation&rsquo;s best interests, or (c) if in a criminal proceeding, either the
individual had reasonable cause to believe his conduct was lawful or no reasonable cause to believe his conduct was
unlawful.&nbsp;&nbsp;</font></p>

<p><font size="3" face="Times New Roman">The IBCL further empowers a corporation to pay or reimburse the reasonable expenses
incurred by an Eligible Person in connection with the defense of any such claim, including counsel fees; and, unless limited by its
Articles of Incorporation, the corporation is required to indemnify an Eligible Person against reasonable expenses if he is wholly
successful in any such proceeding, on the merits or otherwise.&nbsp; Under certain circumstances, a corporation may pay or
reimburse an Eligible Person for reasonable expenses prior to final disposition of the matter.&nbsp; Unless a corporation&rsquo;s
articles of incorporation otherwise provide, an Eligible Person may apply for indemnification to a court which may order
indemnification upon a determination that the Eligible Person is entitled to mandatory indemnification for reasonable expenses or
that the Eligible Person is fairly and reasonably entitled to indemnification in view of all the relevant circumstances without
regard to whether his actions satisfied the appropriate standard of conduct.&nbsp;</font></p>

<p><font size="3" face="Times New Roman">Before a corporation may indemnify any Eligible Person against liability or reasonable
expenses under the IBCL, a quorum consisting of directors who are not parties to the proceeding must (1) determine that
indemnification is permissible in the specific circumstances because the Eligible Person met the requisite standard of conduct, (2)
authorize the corporation to indemnify the Eligible Person and (3) if appropriate, evaluate the reasonableness of expenses for
which indemnification is sought.&nbsp; If it is not possible to obtain a quorum of uninvolved directors, the foregoing action may
be taken by a committee of two or more directors who are not parties to the proceeding, special legal counsel selected by the Board
or such a committee, or by the shareholders of the corporation.&nbsp;</font></p>

<p><font size="3" face="Times New Roman">In addition to the foregoing, the IBCL states that the indemnification it provides shall
not be deemed exclusive of any other rights to which those indemnified may be entitled under any provision of the articles of
incorporation or bylaws, resolution of the board of directors or shareholders, or any other authorization adopted after notice by a
majority vote of all the voting shares then issued and outstanding.&nbsp; The IBCL also empowers an Indiana corporation to purchase
and maintain insurance on behalf of any Eligible Person against any liability asserted against or incurred by him in any capacity
as such, or arising out of his status as such, whether or not the corporation would have had the power to indemnify him against
such liability.&nbsp;</font></p>

<p><font size="3" face="Times New Roman">Section 9.3 of Article IX of the Amended Articles of Incorporation and Article VII of the
Amended and Restated Bylaws of Biomet, Inc. provide certain indemnification provisions for the benefit of directors, officers,
employees and agents of the Registrant.&nbsp;</font></p>

<p><font size="3" color="black" face="Times New Roman">The Registrant has obtained directors&rsquo; and officers&rsquo; liability
insurance, the effect of which is to indemnify the directors and officers of Biomet, Inc. and its subsidiaries against certain
losses caused by errors, misleading statements, wrongful acts, omissions, neglect or breach of duty by them or any matter claimed
against them in their capacities as directors and officers.</font></p>

<p><b><font size="3" face="Times New Roman Bold">Item 7.&nbsp; Exemption From Registration Claimed.</font></b></p>

<p><font size="3" face="Times New Roman">Not applicable.</font></p>

<p><b><font size="3" face="Times New Roman Bold">Item 8.&nbsp; Exhibits.</font></b></p>

<p><font size="3" face="Times New Roman">See Index to Exhibits.</font></p>

<p><b><font size="3" face="Times New Roman Bold">Item 9.&nbsp; Undertakings.</font></b></p>

<p><font size="3" face="Times New Roman">The undersigned Registrant hereby undertakes:</font></p>

<p><font size="3" face="Times New Roman">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; To file, during any period in which offers
or sales are being made, a post&#8209;effective amendment to this Registration Statement:</font></p>

<p><font size="3" face="Times New&#13;&#13;&#13;
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
To include any prospectus required by section 10(a)(3) of the Securities Act of 1933, as amended (the "Securities Act");</font></p>

<p><font size="3" face="Times New&#13;&#13;&#13;
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; To
reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent
post&#8209;effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information
set forth in the Registration Statement;</font></p>

<p><font size="3" color="black" face="Times New&#13;&#13;&#13;
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; To include
any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any
material change to such information in the Registration Statement.</font></p>

<p><font size="3" face="Times New Roman">Provided, however, that paragraphs (1)(i) and (1)(ii) shall not apply if the information
required to be included in a post&#8209;effective amendment by those paragraphs is contained in periodic reports filed with or
furnished to the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated by
reference in the Registration Statement.</font></p>

<p><font size="3" face="Times New Roman">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; That for the purpose of determining any
liability under the Securities Act, each such post&#8209;effective amendment shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona
fide offering thereof.</font></p>

<p><font size="3" face="Times New Roman">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; To remove from registration by means of a
post&#8209;effective amendment any of the securities being registered which remain unsold at the termination of the offering.<br />
&nbsp;</font></p>

<p><font size="3" color="black" face="Times New Roman">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; That, for purposes of
determining any liability under the Securities Act, each filing of the Registrant&rsquo;s annual report pursuant to Section 13(a)
or Section 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan&rsquo; s annual report
pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in the Registration Statement shall be deemed to
be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall
be deemed to be the initial bona fide offering thereof.</font></p>

<p><font size="3" face="Times New Roman">Insofar as indemnification for liabilities arising under the Securities Act may be
permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the
Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the
Securities Act and is, therefore, unenforceable.&nbsp; In the event that a claim for indemnification against such liabilities
(other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the
Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person
in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been
settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is
against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.</font></p>

<p><u><font size="3" face="Times New Roman Bold"><br clear="all" />
</font></u></p>

<p><b><u><font size="3" face="Times New Roman Bold">SIGNATURES</font></u></b></p>

<p><font size="3" face="Times New Roman">Pursuant to the requirements of the Securities Act of 1933, as amended, the registrant
certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly
caused this Registration Statement to be signed on its behalf by the undersigned thereunto duly authorized, in the City of Warsaw,
State of Indiana, on August 16, 2004.</font></p>

<p><font size="3" face="Times New Roman">BIOMET, INC.<br />
<br />
<br />
By:&nbsp; <u>/s/ Dane A.
Miller&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br />

</u> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dane A. Miller, President and<br />
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chief Executive Officer</font></p>

<p><b><u><font size="3" face="Times New Roman Bold">POWER OF ATTORNEY</font></u></b></p>

<p><font size="3" face="Times New Roman">Know all men by these presents, that each person whose signature appears below constitutes
and appoints Dane A. Miller and Daniel P. Hann, and each or any of them (with full power to act alone), his true and lawful
attorneys-in-fact and agents with full power of substitution and re-substitution, for him and in his name, place and stead, in any
and all capacities, to sign any and all amendments to this Registration Statement, and to file the same, with all exhibits thereto,
and other documents in connection therewith, with the Securities and Exchange Commission, granting unto those attorneys-in-fact and
agents full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the
premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that those
attorneys-in-fact and agents, or their substitutes, may do or cause to be done by virtue hereof.</font></p>

<p><font size="3" face="Times New Roman">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement
has been signed by the following persons in the capacities indicated on August 16, 2004.</font></p>

<p><u><font size="3" face="Times New Roman">/s/&nbsp;&nbsp; Dane A.
Miller&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></u>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; President, Chief Executive Officer, and Director<br />
Dane A.
Miller&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Principal
Executive Officer)</p>

<p><u><font size="3" face="Times New Roman">/s/&nbsp;&nbsp; Jerry L.
Ferguson&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></u>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Director<br />
Jerry L. Ferguson</p>

<p><u><font size="3" face="Times New Roman">/s/&nbsp;&nbsp; Niles L.
Noblitt&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></u>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Director<br />
Niles L. Noblitt</p>

<p><u><font size="3" face="Times New Roman">/s/&nbsp;&nbsp;M. Ray
Harroff&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></u>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Director<br />
M. Ray Harroff</p>

<p><u><font size="3" face="Times New Roman">/s/&nbsp;&nbsp;Kenneth V.
Miller&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></u>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Director<br />
Kenneth V. Miller</p>

<p><u><font size="3" face="Times New Roman">/s/&nbsp;&nbsp;Jerry L.
Miller&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></u>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Director<br />
Jerry L. Miller</p>

<p><u><font size="3" face="Times New Roman">/s/&nbsp;&nbsp;L. Gene
Tanner&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></u>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Director<br />
L. Gene Tanner</p>

<p><u><font size="3" face="Times New Roman">/s/&nbsp;&nbsp;Thomas F. Kearns,
Jr.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></u>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Director<br />
Thomas F. Kearns, Jr.</p>

<p><u><font size="3" face="Times New Roman">/s/&nbsp;&nbsp;Charles E.
Niemier&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></u>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Director<br />
Charles E. Niemier</p>

<p><u><font size="3" face="Times New Roman">/s/&nbsp;&nbsp;Daniel P.
Hann&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></u>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Director<br />
Daniel P. Hann</p>

<p><u><font size="3" face="Times New Roman">/s/&nbsp;&nbsp;Marilyn Tucker
Quayle&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></u>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Director<br />
Marilyn Tucker Quayle</p>

<p><u><font size="3" face="Times New Roman">/s/&nbsp;&nbsp;C. Scott
Harrison&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></u>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Director<br />
C. Scott Harrison</p>

<p><u><font size="3" face="Times New Roman">/s/&nbsp;&nbsp;Gregory D.
Hartman&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></u>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Senior Vice President - Finance<br />
Gregory D.
Hartman&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(Principal Financial Officer)</p>

<p><u><font size="3" face="Times New Roman">/s/&nbsp;&nbsp;James W.
Haller&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></u>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Controller<br />
James W.
Haller&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(Principal Accounting Officer)</p>

<p><font size="3" face="Times New Roman"><br clear="all" />
</font></p>

<p><font size="3" face="Times New Roman">Pursuant to the requirements of the Securities Act of 1933, the Biomet, Inc. Benefits
Committee has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized in
the City of Warsaw, State of Indiana, on August 16, 2004.&nbsp;</font></p>

<p><font size="3" face="Times New Roman"><br />
BIOMET, INC. DEFERRED COMPENSATION PLAN</font></p>

<p><font size="3" face="Times New&#13;&#13;&#13;&#13;
Roman">By:<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
/s/&nbsp;Darlene
Whaley&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></font></p>

<p><font size="3" face="Times New&#13;&#13;&#13;&#13;
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Darlene Whaley<b><br />
</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Biomet, Inc. Benefits Committee</font></p>

<p><font size="3" face="Times New&#13;&#13;&#13;&#13;
Roman">By:<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
/s/&nbsp;Gregory D. Hartman&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></font></p>

<p><font size="3" face="Times New&#13;&#13;&#13;&#13;
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Gregory D. Hartman<b><br />
</b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Biomet, Inc. Benefits Committee</font></p>

<p><font size="3" face="Times New&#13;&#13;&#13;&#13;
Roman">By:<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
/s/&nbsp;James R.
Pastena&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></font></p>

<p><font size="3" face="Times New&#13;&#13;&#13;&#13;
Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
James R. Pastena<br />
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Biomet, Inc. Benefits Committee</font></p>

<p><font size="3" face="Times New Roman"><br clear="all" />
</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="671">
<tr>
<td colspan="3" valign="top">
<p align="center"><b><font size="3" face="Times New Roman">BIOMET, INC.</font></b></p>
</td>
</tr>

<tr>
<td colspan="3" valign="top">
<p><b><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;</font></b></p>
</td>
</tr>

<tr>
<td colspan="3" valign="top">
<p align="center"><b><font size="3" face="Times New Roman">Form S-8</font></b></p>
</td>
</tr>

<tr>
<td colspan="3" valign="top">
<p align="center"><b><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;</font></b></p>
</td>
</tr>

<tr>
<td colspan="3" valign="top">
<p align="center"><b><font size="3" face="Times New Roman">INDEX TO EXHIBITS</font></b></p>
</td>
</tr>

<tr>
<td colspan="3" valign="top">
<p align="center"><b><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;</font></b></p>
</td>
</tr>

<tr height="19">
<td colspan="2" rowspan="4" valign="top">
<p align="center"><font size="3" face="Times New Roman">Exhibit Number<br />
 Assigned in<br />
 Regulation<br />
 &nbsp; S-K<br />
 <u>Item 601</u></font></p>
</td>
<td height="19" valign="top"></td>
</tr>

<tr height="19">
<td height="19" valign="top"></td>
</tr>

<tr height="19">
<td height="19" valign="top"></td>
</tr>

<tr height="19">
<td height="19" valign="top">
<p align="center"><u><font size="3" face="Times New Roman">Description of Exhibit</font></u></p>
</td>
</tr>

<tr>
<td colspan="3" valign="top"></td>
</tr>

<tr>
<td valign="top">
<p><font size="3" face="Times New Roman">(4)</font></p>
</td>
<td valign="top">
<p><font size="3" face="Times New Roman">4.1</font></p>
</td>
<td valign="top">
<p><font size="3" face="Times New Roman">Biomet, Inc. Deferred Compensation Plan*</font></p>
</td>
</tr>

<tr>
<td colspan="3" valign="top">
<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="3" face="Times New Roman">(5)</font></p>
</td>
<td valign="top">
<p><font size="3" face="Times New Roman">5.1</font></p>
</td>
<td valign="top">
<p><font size="3" face="Times New Roman">Opinion of Daniel P. Hann with respect to the legality of the shares of common stock being
registered hereby*</font></p>
</td>
</tr>

<tr>
<td colspan="3" valign="top">
<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="3" face="Times New Roman">(15)</font></p>
</td>
<td valign="top">
<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="3" face="Times New Roman">Not applicable</font></p>
</td>
</tr>

<tr>
<td colspan="3" valign="top">
<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="3" face="Times New Roman">(23)</font></p>
</td>
<td valign="top">
<p><font size="3" face="Times New Roman">23.1</font></p>
</td>
<td valign="top">
<p><font size="3" face="Times New Roman">Consent of Independent Registered Public Accounting Firm.*</font></p>
</td>
</tr>

<tr>
<td colspan="3" valign="top">
<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top"></td>
<td valign="top">
<p><font size="3" face="Times New Roman">23.2</font></p>
</td>
<td valign="top">
<p><font size="3" face="Times New Roman">Consent of Daniel P. Hann (Included in Exhibit 5.1)*</font></p>
</td>
</tr>

<tr>
<td colspan="3" valign="top">
<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="3" face="Times New Roman">(24)</font></p>
</td>
<td valign="top">
<p><font size="3" face="Times New Roman">24.1</font></p>
</td>
<td valign="top">
<p><font size="3" face="Times New Roman">Power of Attorney (included in signature page to the registration statement).</font></p>
</td>
</tr>

<tr>
<td colspan="3" valign="top">
<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;</font></p>
</td>
</tr>

<tr>
<td valign="top">
<p><font size="3" face="Times New Roman">(99)</font></p>
</td>
<td valign="top">
<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;</font></p>
</td>
<td valign="top">
<p><font size="3" face="Times New Roman">Not applicable</font></p>
</td>
</tr>

<tr>
<td colspan="3" valign="top">
<p><font size="3" face="Times New Roman">&nbsp;&nbsp;&nbsp;</font></p>
</td>
</tr>

<tr>
<td colspan="3" valign="top">
<p><font size="3" face="Times New Roman">*Filed herewith</font></p>
</td>
</tr>
</table>

<p><font size="3" face="Times New Roman"></font></p>
</div>
</body>
</html>
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{"company-data": {"conformed-name": "BIOMET INC", "cik": "0000351346", "assigned-sic": "3842", "irs-number": "351418342", "state-of-incorporation": "IN", "fiscal-year-end": "0531"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-118323", "film-number": "04983414"}, "business-address": {"street1": "56 EAST BELL DR", "city": "WARSAW", "state": "IN", "zip": "46582", "phone": "5742676639"}, "mail-address": {"street1": "56 E BELL DRIVE", "street2": "P O BOX 587", "city": "WARSAW", "state": "IN", "zip": "46581-0587"}}
Form S-8 for Deferred Compensation Plan
Registration No.  333-_________
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549
FORM S-8
REGISTRATION STATEMENT UNDER
THE SECURITIES ACT OF 1933
BIOMET, INC.
Exact Name Of Registrant As Specified In Its Charter)
Indiana
(State or other jurisdiction of incorporation or organization)
35-1418342
(I.R.S. Employer Identification No.)
56 East Bell Drive
Warsaw, Indiana 46582
(Address of Principal Executive Offices)
Biomet, Inc. Deferred Compensation Plan
(full title of the plan)
Daniel P. Hann
Biomet, Inc.
56 East Bell Drive
Warsaw, Indiana 46582
(Name and address of agent for service)
(574) 267-6639
(Telephone number, including area code, of agent for service)
Copies to:
Stephen J. Hackman
Ice Miller
One American Square, Box 82001
Indianapolis, Indiana  46282
CALCULATION OF REGISTRATION FEE
Title of Securities to be Registered
Amount to be Registered
Proposed Maximum Offering Price Per Unit
(1)
Proposed Maximum Aggregate Offering Price
(1)
Amount of Registration Fee
Deferred Compensation Obligations
$ 10,000,000
$ 1.00
$ 10,000,000
$ 1,267.00
The registration fee has been calculated pursuant to Rule 457.
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
The document(s) containing the information specified in Part I of Form S-8 (plan
information and registrant information) will be sent or given to the employees covered by the Agreements as specified by Rule
428(b)(1) under the Securities Act of 1933, as amended (the
"Securities Act"
).  Such documents need not be filed
with the Securities and Exchange Commission (
"Commission"
) either as part of this registration statement (the
"Registration Statement"
) or as prospectuses or prospectus supplements pursuant to Securities Act Rule 424. 
These documents, which include the statement of availability required by Item 2 of Form S-8, and the documents incorporated by
reference in this Registration Statement pursuant to Item 3 of Form S-8 (Part II hereof), taken together, constitute a prospectus
that meets the requirements of Section 10(a) of the Securities Act.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3.  Incorporation of Documents by Reference.
The following information heretofore filed with the Securities and Exchange Commission
("Commission") pursuant to the Securities Exchange Act of 1934, as amended (the "Exchange Act"), is incorporated herein by
reference:
(a)        The Annual Report on Form 10‑K of
Biomet, Inc. (the "Registrant") for the fiscal year ended May 31, 2004.
All documents filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of
the Exchange Act subsequent to the filing of this Registration Statement and prior to the filing of a post‑effective
amendment, which indicates that all of the securities offered hereby have been sold or which deregisters all such securities then
remaining unsold, shall be deemed to be incorporated by reference in this Registration Statement and to be a part hereof from the
date of filing of those documents.
Item 4.  Description of Securities.
This Registration Statement covers, among other things, $10,000,000 of Deferred
Compensation Obligations that are being registered under this Registration Statement to be offered to officers and employees of the
Company and employees of participating affiliates of the Company who reside in the United States and who are designated as eligible
by the Biomet, Inc. Benefits Committee ("
Committee
").  The following is a summary of the Plan as it relates to
the Deferred Compensation Obligations.  The Obligations are general unsecured obligations of the Company to pay deferred
compensation in the future in accordance with the terms of the Plan from the general assets of the Company, and rank pari passu
with other unsecured and unsubordinated indebtedness of the Company outstanding from time to time.
The amount of compensation deferred by each participant (
"Participant"
) in
the Plan is determined in accordance with the Plan based upon elections by each Participant.  Obligations in an amount equal
to each Participant's deferral account under the Plan (consisting of deferred salary and bonus amounts, deferred incentive
compensation and commissions, deferred gains on the exercise of non-qualified stock options, deferred shares of common stock issued
pursuant to restricted stock grants, and any appreciation or depreciation in the value of amounts deferred into the account) will
be payable in accordance with the Participant's deferral election and the terms of the Plan in a lump-sum distribution or in
installments.  Hardship distributions are also permitted.  The Company may also make voluntary contributions to the Plan
on behalf of the Participants, which may vest on a schedule established by the Benefits Committee.
Plan Participants may choose among a number of investment funds that will be used to
measure hypothetical earnings and losses on deferred amounts other than stock option gains and restricted stock grants.  These
funds will represent a variety of risk and return characteristics.  The investment funds may be changed or others added as
determined by the Benefits Committee.  Hypothetical investment gains and losses on deferred stock option gains and deferred
restricted stock grants will be measured by reference to the market price of the Company's Common Shares.  As dividends are
paid on the Common Shares, hypothetical dividend amounts with respect to deferred stock option gains and vested deferred restricted
stock will be credited to Participants' deferred accounts, and earnings on those dividend amounts will be measured by the
investment funds selected by the Participant.  Amounts deferred under the Plan are payable in cash.
The benefits payable under the Plan will not revert to the Company or be subject to the
Company's creditors prior to the Company's insolvency or bankruptcy, nor, except pursuant to a valid will or the laws of descent
and distribution, will they be subject in any way to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance,
charge, garnishment, execution or levy of any kind by the Participant, the Participant's beneficiary or the creditors of either,
including such liability as may arise from the Participant's bankruptcy.
The Committee may amend, suspend or terminate the Plan at any time, except that no such
amendment, suspension or termination will retroactively reduce any amounts allocated to a Participant's account.  The right of
any Participant to receive future payments under the provisions of the Plan shall be a contractual obligation of the Company, but
shall be subject to the claims of the creditors of the Company in the event of the Company's insolvency or bankruptcy.  Plan
assets may, in the Company's discretion, be placed in a trust but will nevertheless continue to be subject to the claims of the
Company's creditors in the event of the Company's insolvency or bankruptcy as provided in the trust agreement.  In any event,
the Plan is intended to be unfunded under Title I of the Employee Retirement Income Security Act of 1974, as amended.
Item 5.  Interests of Named Experts and Counsel.
Daniel P. Hann, who has rendered an opinion as to the validity of the Common Stock being
registered by this registration statement and other legal matters, is an executive officer and director of Biomet.
Item 6.  Indemnification of Directors and Officers.
The Indiana Business Corporation Law ("IBCL"), the provisions of which govern the
Registrant, empowers an Indiana corporation to indemnify present and former directors, officers, employees, or agents or any person
who may have served at the request of the corporation as a director, officer, employee, or agent of another corporation ("Eligible
Persons") against liability incurred in any proceeding, civil or criminal, in which the Eligible Person is made a party by reason
of being or having been in any such capacity, or arising out of his status as such, if the individual acted in good faith and
reasonably believed that (a) the individual was acting in the best interests of the corporation, or (b) if the challenged action
was taken other than in the individual's official capacity as an officer, director, employee or agent, the individual's
conduct was at least not opposed to the corporation's best interests, or (c) if in a criminal proceeding, either the
individual had reasonable cause to believe his conduct was lawful or no reasonable cause to believe his conduct was
unlawful.
The IBCL further empowers a corporation to pay or reimburse the reasonable expenses
incurred by an Eligible Person in connection with the defense of any such claim, including counsel fees; and, unless limited by its
Articles of Incorporation, the corporation is required to indemnify an Eligible Person against reasonable expenses if he is wholly
successful in any such proceeding, on the merits or otherwise.  Under certain circumstances, a corporation may pay or
reimburse an Eligible Person for reasonable expenses prior to final disposition of the matter.  Unless a corporation's
articles of incorporation otherwise provide, an Eligible Person may apply for indemnification to a court which may order
indemnification upon a determination that the Eligible Person is entitled to mandatory indemnification for reasonable expenses or
that the Eligible Person is fairly and reasonably entitled to indemnification in view of all the relevant circumstances without
regard to whether his actions satisfied the appropriate standard of conduct.
Before a corporation may indemnify any Eligible Person against liability or reasonable
expenses under the IBCL, a quorum consisting of directors who are not parties to the proceeding must (1) determine that
indemnification is permissible in the specific circumstances because the Eligible Person met the requisite standard of conduct, (2)
authorize the corporation to indemnify the Eligible Person and (3) if appropriate, evaluate the reasonableness of expenses for
which indemnification is sought.  If it is not possible to obtain a quorum of uninvolved directors, the foregoing action may
be taken by a committee of two or more directors who are not parties to the proceeding, special legal counsel selected by the Board
or such a committee, or by the shareholders of the corporation.
In addition to the foregoing, the IBCL states that the indemnification it provides shall
not be deemed exclusive of any other rights to which those indemnified may be entitled under any provision of the articles of
incorporation or bylaws, resolution of the board of directors or shareholders, or any other authorization adopted after notice by a
majority vote of all the voting shares then issued and outstanding.  The IBCL also empowers an Indiana corporation to purchase
and maintain insurance on behalf of any Eligible Person against any liability asserted against or incurred by him in any capacity
as such, or arising out of his status as such, whether or not the corporation would have had the power to indemnify him against
such liability.
Section 9.3 of Article IX of the Amended Articles of Incorporation and Article VII of the
Amended and Restated Bylaws of Biomet, Inc. provide certain indemnification provisions for the benefit of directors, officers,
employees and agents of the Registrant.
The Registrant has obtained directors' and officers' liability
insurance, the effect of which is to indemnify the directors and officers of Biomet, Inc. and its subsidiaries against certain
losses caused by errors, misleading statements, wrongful acts, omissions, neglect or breach of duty by them or any matter claimed
against them in their capacities as directors and officers.
Item 7.  Exemption From Registration Claimed.
Not applicable.
Item 8.  Exhibits.
See Index to Exhibits.
Item 9.  Undertakings.
The undersigned Registrant hereby undertakes:
(a)        To file, during any period in which offers
or sales are being made, a post‑effective amendment to this Registration Statement:
(i)        
To include any prospectus required by section 10(a)(3) of the Securities Act of 1933, as amended (the "Securities Act");
(ii)        To
reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent
post‑effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information
set forth in the Registration Statement;
(iii)       To include
any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any
material change to such information in the Registration Statement.
Provided, however, that paragraphs (1)(i) and (1)(ii) shall not apply if the information
required to be included in a post‑effective amendment by those paragraphs is contained in periodic reports filed with or
furnished to the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated by
reference in the Registration Statement.
(b)        That for the purpose of determining any
liability under the Securities Act, each such post‑effective amendment shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona
fide offering thereof.
(c)        To remove from registration by means of a
post‑effective amendment any of the securities being registered which remain unsold at the termination of the offering.
(d)        That, for purposes of
determining any liability under the Securities Act, each filing of the Registrant's annual report pursuant to Section 13(a)
or Section 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan' s annual report
pursuant to Section 15(d) of the Exchange Act) that is incorporated by reference in the Registration Statement shall be deemed to
be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall
be deemed to be the initial bona fide offering thereof.
Insofar as indemnification for liabilities arising under the Securities Act may be
permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the
Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the
Securities Act and is, therefore, unenforceable.  In the event that a claim for indemnification against such liabilities
(other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the
Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person
in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been
settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is
against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, the registrant
certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly
caused this Registration Statement to be signed on its behalf by the undersigned thereunto duly authorized, in the City of Warsaw,
State of Indiana, on August 16, 2004.
BIOMET, INC.
By:
/s/ Dane A.
Miller
Dane A. Miller, President and
Chief Executive Officer
POWER OF ATTORNEY
Know all men by these presents, that each person whose signature appears below constitutes
and appoints Dane A. Miller and Daniel P. Hann, and each or any of them (with full power to act alone), his true and lawful
attorneys-in-fact and agents with full power of substitution and re-substitution, for him and in his name, place and stead, in any
and all capacities, to sign any and all amendments to this Registration Statement, and to file the same, with all exhibits thereto,
and other documents in connection therewith, with the Securities and Exchange Commission, granting unto those attorneys-in-fact and
agents full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the
premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that those
attorneys-in-fact and agents, or their substitutes, may do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, this Registration Statement
has been signed by the following persons in the capacities indicated on August 16, 2004.
/s/   Dane A.
Miller
President, Chief Executive Officer, and Director
Dane A.
Miller                                      (Principal
Executive Officer)
/s/   Jerry L.
Ferguson
Director
Jerry L. Ferguson
/s/   Niles L.
Noblitt
Director
Niles L. Noblitt
/s/  M. Ray
Harroff
Director
M. Ray Harroff
/s/  Kenneth V.
Miller
Director
Kenneth V. Miller
/s/  Jerry L.
Miller
Director
Jerry L. Miller
/s/  L. Gene
Tanner
Director
L. Gene Tanner
/s/  Thomas F. Kearns,
Jr.
Director
Thomas F. Kearns, Jr.
/s/  Charles E.
Niemier
Director
Charles E. Niemier
/s/  Daniel P.
Hann
Director
Daniel P. Hann
/s/  Marilyn Tucker
Quayle
Director
Marilyn Tucker Quayle
/s/  C. Scott
Harrison
Director
C. Scott Harrison
/s/  Gregory D.
Hartman
Senior Vice President - Finance
Gregory D.
Hartman                             
(Principal Financial Officer)
/s/  James W.
Haller
Controller
James W.
Haller                                 
(Principal Accounting Officer)
Pursuant to the requirements of the Securities Act of 1933, the Biomet, Inc. Benefits
Committee has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized in
the City of Warsaw, State of Indiana, on August 16, 2004.
BIOMET, INC. DEFERRED COMPENSATION PLAN
By:
/s/ Darlene
Whaley
Darlene Whaley
Biomet, Inc. Benefits Committee
By:
/s/ Gregory D. Hartman
Gregory D. Hartman
Biomet, Inc. Benefits Committee
By:
/s/ James R.
Pastena
James R. Pastena
Biomet, Inc. Benefits Committee
BIOMET, INC.
Form S-8
INDEX TO EXHIBITS
Exhibit Number
Assigned in
Regulation
S-K
Item 601
Description of Exhibit
(4)
4.1
Biomet, Inc. Deferred Compensation Plan*
(5)
5.1
Opinion of Daniel P. Hann with respect to the legality of the shares of common stock being
registered hereby*
(15)
Not applicable
(23)
23.1
Consent of Independent Registered Public Accounting Firm.*
23.2
Consent of Daniel P. Hann (Included in Exhibit 5.1)*
(24)
24.1
Power of Attorney (included in signature page to the registration statement).
(99)
Not applicable
*Filed herewith