Two new metabolites, the cyclo-(L-Phe-L-Leu(1)-L-Leu(2)-L-Leu(3) -L-Ile) ( 1 ) and (3 S ,4 R )-dihydroxy-(6 S )-undecyl-alpha-pyranone ( 2 ) have been produced by the endophytic fungus no. 2524 isolated from a seed of mangrove Avicennia marina in Hong Kong. The structures have been elucidated by spectra including two-dimensional NMR, ESI tandem mass spectrometry and CD. These compounds show no activity toward human cancer cell lines Bel-7402, NCI-4460 and the normal human cell lines L-02.