A study on the performance and exhaust emissions of diesel engine with reducing exhaust gas temperature is performed experimentally. In this paper, experiments are performed at engine speed 2200rpm, 2600rpm and load 0%, 25%, 50%, 75% and 100% by test engine with F.W. cooler passing through exhaust gas. Main measured & analyzed parameters are exhaust gas temperature, specific fuel consumption, NOx and soot emissions etc. The obtained conclusions are as follows. (1) Specific fuel consumption is the least value at load 75% and it is decreased 1.5% after remodeling F.W. cooler. (2) NOx emission is the most value at load 100% and it is increased 30.1% after remodeling F.W. cooler. (3) Soot emission is the most value at load 100% and it is decreased 20.0% after remodeling F.W. cooler.