The study was to compare growth and enzymatic activity of Microsporum gypseum and Trichophyton ajelloi isolates from sewage sludge. Agar media and the API-ZYM test were used. The isolates showed weak gelatinase, catalase and urease activities and did not produce cellulase, pectate lyase and polygalacturonase. In some strains poor amylase and DNA-se activities were observed. No strain was able to hydrolyze casein. The strains were found to hydrolyze tributyrin, rapeseed oil and Biodiesel oil and to grow on Diesel oil medium. On the medium containing tributyrin and on the media with rapeseed oil and Biodiesel oil additions, inhibition and stimulation of fungal growth was observed, respectively. Diesel oil did not affect the growth of these fungi. The growth and enzymatic activity of M. gypseum was found to be better than the growth and activity of T. ajelloi. Higher enzymatic activity can be associated with the pathogenicity of M. gypseum.