The present invention can achieve a variable valve mechanism having a simple and compact configuration. A variable valve mechanism changes an opening/closing timing of an intake valve or an exhaust valve in response to an engine rotation speed. The variable valve mechanism includes: a cam sprocket which rotates in response to a rotation of a crank shaft; an intake cam shaft which is integrated with an intake cam; an exhaust cam shaft which is integrated with an exhaust cam; and a governor flange that transmits a rotation of the cam sprocket to the intake cam shaft and the exhaust cam shaft. The intake cam shaft and the exhaust cam shaft are formed so that the other cam shaft is inserted through one cam shaft to be relatively rotatable. The governor flange is provided to rotate along with the intake cam shaft and rotates relative to the cam sprocket under a predetermined condition.