Exceptional points are a unique feature in non-Hermitian systems, where eigenvalues and their corresponding eigenstates of a Hamiltonian coalesce 1-12 . A lot of intriguing physical phenomena arise from the topology of exceptional points, such as "bulk Fermi-arcs" 2,3 and braiding of eigenvalues 10 . Here we report that a more exotic and structurally richer degeneracy morphology, known as the swallowtail catastrophe in singularity theory 13 , can naturally exist in non-Hermitian systems with both parity-time and pseudo-Hermitian symmetries. The swallowtail exhibits the coexistence and intriguing interactions of degeneracy lines of three different types, including an isolated nodal line, a pair of exceptional lines of order three and a non-defective intersection line, with the12 1 2 1 13 3 2 3 23