Abstract
The Hamiltonian for the exchange interaction between the ferromagnetic d electrons and the conduction s electrons is derived. The ferromagnetic relaxation time caused by the sd exchange interaction is calculated in a spin wave approximation. When one uses a screened value of the exchange integral (Jatomic30), the calculated relaxation time for nickel at room temperature is 5×109 sec as compared to the time 2.5×1010 sec needed to account for the experimental line width. The exchange relaxation may be dominant in materials such as alloys which have narrower lines than nickel.