We demonstrate a novel wavelength -division add/drop multiplexer employing fiber bragg gratings and polarization beam splitters. the multiplexer is easy to fbricate without any special technique such as UV trimming, and yet shows very stable performance with less than 0.3-dB crosstalk power penalty in a 0.8-nm-spaced, 2.5Gbps-per-channel WDM transmission system. We find that the rejection of adjacent channels is more than -6dB, and the signal leakage through output port is less than -34dB.