A gene (MoPRD1), related to xylose reductases, was identified in Magnaporthe oryzae. Recombinant MoPRD1 displays its highest specific reductase activity toward l-arabinose and d-xylose. Km and Vmax values using l-arabinose and d-xylose are similar. MoPRD1 was highly overexpressed 2–8 h after transfer of mycelium to d-xylose or l-arabinose, compared to d-glucose. Therefore, we conclude that MoPDR1 is a novel pentose reductase, which combines the activities and expression patterns of fungal l-arabinose and d-xylose reductases. Phylogenetic analysis shows that PRD1 defines a novel family of pentose reductases related to fungal d-xylose reductases, but distinct from fungal l-arabinose reductases. The presence of PRD1, l-arabinose and d-xylose reductases encoding genes in a given species is variable and likely related to their life style.