The effects on the enzymatic hydrolysis of waste paper treated with physical or chemical treatment were investigated. To gain the higher saccharification rate, physical or chemical treatment are necessary in enzymatic conversion process of waste paper. The major deterrents to the effective utilization of waste paper for enzymatic conversion process are phenolic compounds, cellulose crystallinity and coating materials. In the enzymatic hydrolysis of waste paper, the deterrents through enzymatic conversion process can be eliminated by the physical or chemical treatment. This study was performed to obtain the optimal condition for enzymatic conversion process of non-treated waste paper and to review effects on enzymatic conversion process of waste paper treated with physical or chemical methods. In the aspect of saccharification rate, waste paper treated with 1.5% sodium hypochlorite was the most effective and in physical treatment methods, multi-stage treatment(autohydrolysis+refining treatment) was more effective than the other physical treatment.