A new drimane sesquiterpenoid, 3-keto-drimenol (1), were isolated from cultures of the basidiomycete Clitocybe conglobata together with 3b b-hydroxy-11-acetyldrimene (2), 3b b-hydroxydrimenol (3), 11,12-dihydroxydrimene (4), 3b b-hydroxy-11,12-O-isopropyldrimene (5), and 3b b,11,12-trihydroxydrimene (6). Their structures were established from MS and NMR experiments. Compounds 1, 3, and 6 showed inhibitory activities against two isozymes of 11b b-hydroxysteroid dehydrogenases with IC 50 1.7-8.0 m mg/ml (human 11b b-HSD1), 10.7-24.1 m mg/ml (mouse 11b b-HSD1); 177.0-220.0 m mg/ml (human 11b b-HSD2), 250.5-500.2 m mg/ml (mouse 11b b-HSD2), respectively, which catalyze the interconversion of active cortisol and inactive cortisone.