The aim of the present study is to investigate the flow interference between two adjacent undulating fish-like body, and its effect on the undulating propulsion. For this purpose, unsteady two dimensional incompressible flow calculations were conducted using an unstructured mesh flow solver, coupled with an overset mesh technique. To deal with mesh deformation due to fish locomotion, spring analogy is utilized. The fish body used in the simulation is constructed from the NACA0012 airfoil. The study indicates that the propulsion of undulating fish is proportional to frequency and wavelength of the midline oscillation when there is no adjacent fish. It also reveals that average thrust was increased when the vortex shedding from the tail was conserved well and pressure difference between upper and lower sides of the fish was magnified due to flow interference. From this study, which relative position and phase difference of locomotion between two fishes can generate maximum thrust was known among six different cases.