X0202 4 2007-07-17 0 0000351346 BIOMET INC BMET 0001331721 Schiess Steven F 4555 RIVERSIDE DRIVE PALM BEACH GARDENS FL 33410 0 1 0 0 Vice President Employee Stck Option 33.19 2007-07-17 4 D 0 25000. 46.00 D 2007-10-09 2016-10-08 Common Stock 25000. 40199. D Employee Stck Option 34.49 2007-07-17 4 D 0 10000. 46.00 D 2006-07-05 2015-07-04 Common Stock 10000. 30199. D Employee Stck Option 37.49 2007-07-17 4 D 0 5000. 46.00 D 2006-05-16 2015-05-15 Common Stock 5000. 25199. D Employee Stck Option 39.51 2007-07-17 4 D 0 4200. 46.00 D 2006-05-05 2014-05-04 Common Stock 4200. 20999. D Employee Stck Option 28.43 2007-07-17 4 D 0 3000. 46.00 D 2006-05-22 2013-05-21 Common Stock 3000. 17999. D Employee Stck Option 25.29 2007-07-17 4 D 0 2250. 46.00 D 2006-04-09 2012-04-08 Common Stock 2250. 15749. D Employee Stck Option 20.8333 2007-07-17 4 D 0 3749. 46.00 D 2006-01-17 2011-01-16 Common Stock 3749. 12000. D Employee Stck Option 34.58 2007-07-17 4 D 0 12000. 46.00 D 2008-06-29 2010-06-28 Common Stock 12000. 0. D Per the Agreement and Plan of Merger, dated as of December 18, 2006 (amended and restated as of June 7, 2007), among Biomet, Inc., LVB Acquisition, LLC and LVB Acquitision Merger Sub, Inc., the option was cancelled and the reporting person is entitled to receive an amount in cash equal to the product of (i) the total number of shares subject to the option immediately prior to July 17, 2007 multiplied by (ii) the excess, if any, of $46.00 over the exercise price per share, less applicable taxes required to be withheld with respect to such payment. These dates represent the outstanding unvested portion of the original option grant. The remaining award vests annually in 1/8 increments of original amount awarded beginning on the date as noted in 'Date Exercisable' and the final 1/8 increment expiring as noted in 'Expiration Date'. Jacqueline K. Huber POA for Steven F. Schiess 2007-07-19