The spray characteristics of emulsified fuel of W/O type has been experimentally investigated. The mixture of light oil and water by using ultrasonic energy adding system is used as the emulsified fuel. The SMD of sprayed droplet of emulsified fuel is measured by using the particle size analyzer. Major parameters of the present experimental study are the volume fraction of water in emulsified fuel, $0sim30%$ by 5%, injection pressure, $10kg_f/cm^2sim18kg_f/cm^2$ by $2kg_f/cm^2$, and the measurement distance, $10sim100mm$, between injection nozzle tip and analyzer beam. Compared with light oil, the SMD of emulsified fuel is larger gradually by increasing the volume fraction of water in emulsified fuel, heightening injection pressure and increasing the spray distance. Also, In considering the fact that the pattern of drop size distribution of emulsified fuel is alike that of light oil, the real time spray in coincidence with making emulsified fuel by adding ultrasonic energy can stabilize spray pattern without modificating the injection system used by now.