The larval and juvenile prawns Penaeus japonicus were maintained on purified diets with cholesterol alone and mixtures of cholesterol-sitosterol (1:1, 1:3, 1:10, 1:30, 1:100) to evaluate a cholesterol-sparing effect of sitosterol. The juvenile prawns had the highest weight gain (%), feed conversion efficiency (FCE) and protein efficiency ratio (PER) on the diet containing 0.5% cholesterol alone. The partial replacement of cholesterol with sitosterol reduced the weight gain, FCE, and PER inversely with increasing proportions of sitosterol. The body retention rates (%) of dietary proteins, lipids, total sterols, and cholesterol were lowered when dietary cholesterol was partially replaced with sitosterol. The larval prawns also grew best with the highest survival rate on the diet containing 1.0% cholesterol alone. The partial replacement of cholesterol with sitosterol (cholesterol/sitosterol ratios of 1:1, 1:3, 1:10, and 1:30) did not decrease the survival rates markedly but slightly retarded the larval development with increasing proportions of sitosterol. These results indicated that sitosterol had the cholesterol-sparing effect in terms of survival rates for the larvae but not for the juveniles, suggesting the change in sterol metabolism during the life cycle of the prawn.