Abstract: A dual blade utility knife that includes double-ended, retractable, separately actuatable cutting blades, one at each end, permitting extension of only one blade at a time, mounted in a non-complex housing unit that allows ready access through individual access panels to exchange and replace a single end blade when necessary. The utility tool is also capable of using the same type of blade at each end or different types of blades and dual-faced blades so that each blade can be reversed for extending the life and use of the tool between blade changes.