To facilitate bending of an exhaust pipe, and allow a sufficient sound proof effect and an exhaust gas temperature reduction prevention effect to be achieved even after being connected with another member.

The exhaust pipe 1 has an inner pipe 10 for leading exhaust, and an outer pipe 11 to be externally fitted to the inner tube 10 while an air chamber 13 is formed in the outer periphery and is structured such that an intervening member 15 having a heat insulation property is installed between the outer peripheral surface of the inner pipe 10 and a projection 12 of the outer pipe 11, and the outer pipe 11 is reduced in the diameter at a pipe end 20 and is abutted to the inner pipe 10 via the intervening member 15.