In an internal combustion engine, a variable lift and/or operating angle mechanism variably controls a lift and/or operating angle of an exhaust valve in accordance with a driving condition of the engine, a variable phase mechanism variably controls a phase of a lift center angle of the exhaust valve in accordance with the driving condition of the engine, a present position detecting section detects a present operating position of each of the variable lift and/or operating angle mechanism and variable phase mechanism, and a controlling section controls one of the variable lift and/or operating angle mechanism and the variable phase mechanism which operates normally in a direction in which an in-cylinder residual gas quantity becomes minimum when the other of the variable lift and/or operating angle mechanism and the variable phase mechanism has failed.