A new clerodane diterpenoid has been isolated from the acetone extract of bulbils of Dioscorea bulbifera. The structure of compound 1 was established as 15,16-epoxy-6alpha-O-acety1-8beta-hydroxy- 9-nor-clero-13(16),14-diene-17,12;18,2-diolide on the basis of comprehensive spectroscopic techniques.