Calvasterols A (14 alpha-hydroxyergosta-4,7,9,22-tetraen-3,6-dione) and B (9 alpha,14 alpha-dihydroxyergosta-4,7,22-trien-3,6-dione), two new steroids, have been isolated from Calvatia cyathiformis. Their molecular structures have been defined by spectroscopic means and chemical correlations.