Cadmium pentachlorophenolxanthate has been synthesized with pentachlorophenol, carbondisulfide sodium hydroxide and cadmium chloride and its fungicidal activity was tested to Pyricularia oryzae and Cochliobolus miyabeanus. The results are summarized as followes; 1) The sample V synthesized by acidifying the crude PCP-xanthate solution at pH 8, then treated with $BaCl_2;and;CaC_2$ showed the highest purity, and the yield was $85.1\%$. 2) The same sample of $50\%$ wettable dust formulation inhibited conidial germination of P. oryzae and C. miyabeanus completely at 10 and 20 ppm, respectively. (Fig. 1) 3) The sample of $1.5\%$ dust formulation inhibited mycelial growth of P. oryzae and C. miyabeanus with 96 and $65\%$, respectively. The results were similar to those obtained by Ceresan calcium (Fig. 2) 4) Both dust and wettable powder formulations had no phytotoxcity on rice seedlings.