In this study, low temperature waste heat recovery heat exchanger was developed using a principle of self-excited oscillating heat pipe. The heat exchanger of serpentine type was composed of extruded flat aluminum tube with 6 channels (3 nm$ imes$ 2.75nm) and louvered fin. The heat transfer area density of heat exchanger was $331.9 m^2/m^3$. Working fluid is R141b and charge ratio was 40% by volume. Heat transfer rate and the effectiveness of heat exchanger was primary concern of this study. As a result, the effectiveness of heat exchanger was about 0.4-0.67, and recovered waste heat rate was about 4.5 kW per one unit of heat exchanger.