Abstract. We show that if a compact connected n-dimensional manifold M has a conformal class containing two non-homothetic metrics g andg = e 2ϕ g with non-generic holonomy, then after passing to a finite covering, either n = 4 and (M, g,g) is an ambikähler manifold, or n ≥ 6 is even and (M, g,g) is obtained by the Calabi Ansatz from a polarized Hodge manifold of dimension n − 2, or both g andg have reducible holonomy, M is locally diffeomorphic to a product M 1 × M 2 × M 3 , the metrics g andg can be written as g = g 1 + g 2 + e −2ϕ g 3 andg = e 2ϕ (g 1 + g 2 ) + g 3 for some Riemannian metrics g i on M i , and ϕ is the pull-back of a non-constant function on M 2 .