A variable valve apparatus is employed a configuration in which, at a high valve lift and high speed operation of an internal combustion engine, an oscillating fulcrum of a transmission arm and a rotation center of a control shaft are arranged between a direction of a component rotating a control shaft of a maximum load which occurs in the oscillating fulcrum of the transmission arm when an oscillating cam oscillates in a valve opening direction and a direction of a component rotating a control shaft of a maximum load opposite thereto which occurs when the oscillating cam oscillates in a valve closing direction.