Cordycepic Polysaccharide is one of the effective contents in Cordyceps Sinensis . This paper adopted IR technique to determine the Cordycepic Polysaccharide in Cordyceps Barnessii Thwaites and Cordyceps Sinensis, and made an analysis of their structure. The result is the structutre of Cordycepic Polysaccharide in Cordyceps Barnessii Thwaites is the same as that in Cordyceps Sinensis.