Pt-V catalytic converter was installed on a heavy duty diesel engine and the characteristics of the emission reduction were tested using a engine dynamometer at various operating conditions. The emission reduction performance of Pt-V catalyst was also compared with that of a commercialized Pt catalyst currently being used in some of the heavy duty diesel engines in advanced countries. The effects of Pt-V and Pt catalysts on regulated and unregulated emissions were investigated using a 0.05 weight percent sulfur content fuel with an engine dynamometer Experiments for gaseous emissions (CO, HC and aldehyde) as well as particulate emissions (TPM, SOF and sulfate) have been conducted at several operating conditions such as T-7 mode, D-13 mode and S-13 mode before and after installing the Pt-V and Pt catalysts in the exhaust system. The emission reduction performance of Pt catalyst with respect to CO, HC, SOF, PAHs and aldehyde was found to be a little higher than that of Pt-V catalyst, but the Pt catalyst showed innate disadvantage of causing an increase of PM due to the sulfate formation via high SO2 conversion at high exhaust temperature, especially above 45$0^{circ}C$.