An analytic solution to the extended mild-slope equation was derived for waves propagating over an axi-symmetric pit. The water depth inside the pit was in proportion to a power of radial distance from the center of pit. The equation was transformed into the ordinary differential equation using the method of separation of variables. The coefficients of differential terms were expressed as an explicit form composing of the phase and group velocities. The bottom curvature and the square of bottom slope terms, which were added to the extended mild-slope equation, were expressed as power series. Finally, using the Frobenius series, the analytic solution to the extended mild-slope equation was derived. The present analytic solution was validated by comparing with the numerical solution obtained from FEM.