From the neutral fraction of the resin of Protium heptaphyllum, a mixture of alpha- and beta-amyrin, a mixture of maniladiol and brein have been isolated as main components, and the novel 3 beta,24-dihydroxy-urs-12-ene (1), 3-oxo-20S-hydroxytaraxastane (2) and 3 beta,20S-dihydroxytaraxastane (3) as minor components. NMR data of the last three compounds are provided.