The possibility of reusing the paper sludge as a raw material of composition board mixed with cement was investigated. For the measurement of physical and mechanical properties, wood coment board and sludge combinend cement boards were fabricated with the three weigh ratios of paper sludge 10 % (SI), 20 % (S II) and 30 % (S III) to cement weight. For adding the cement hardning, $CaCl_2$ was also added to each mixed paste with the ratio of 1 %, 3 % and 5 % to cement weight, respectively. Crystal formation in paper sludge-, wood-cement composites was observed by scanning electron microscope. The results were summarized as follows. 1. Density and partial compressive strength of each specimens were relatively high in the order of sludge I, sludge II, Korean pine, Italian poplar and sludge III, sludge I, Korean pine, sludge II, Italian poplar and sludge III. 2. The mechanical properties of sludge-cement boards (S I and II) were higher than that of wood-cement boards prepared with Korean pine and Italian poplar. But the mechanical properties of wood-cement boards were improved by the adding of $CaCl_2$. 3. Water absorption and thickness swelling were increased with increase of sludge content to cement weight. 4. In SEM observation, sludge-cement composites showed sufficiently formed crystals but wood-cement composites showed poorly formed crystals.