To find out the effects of phosphatic fertilizer application level on the dry matter yield and nutrient contents of grasses, this experiment was arranged as a randomized complete block design with six treatments(0, 50, 100, 150, 200 and 250kg $P_2O_5$/ ha) and conducted at hill land in Gwangju, Gyeonggi Province from September, 1989 to October, 1992. The results obtained are summarized as follows : 1. As the phosphatic fertilization level increase, the early growth and cover degree of grasses wintered were more favorable and plant length was higher. 2. With 150kg $P_2O_5$/ ha application for three years, the average dry matter yield of grasses, 10,112kgl ha was sirnilared to that of 200kg $P_2O_5$/ ha and the yield was composed of 77.2% grasses(7,808kg/ ha), 19.2% legumes(l,937kg 1 ha) and 3.6% weeds(367kg / ha). 3. The crude protein and energy productivity of grasses increase as phosphatic fertilization level was increased, but those were not different between 150 and 250kg $P_2O_5$ 1 ha. Therefore, phosphatic fertilization level must be applied with 150kg / ha for a reasonable management in hilly grassland.