Abstract: A lamp with an adjustable shade for regulating the dispersion of a light beam, wherein there is mounted on to a wall fitting (1) a tube (2), the front edge of which forms a connecting piece (3) with a second tube (4), on to the free end of which is mounted a light source holder (5) and a light reflector (6), wherein the lamp has a shade (7, 10) and wherein the shade (7, 10) is movable in relation to the second tube (4), the light source holder (5) and the light reflector (6). The external shade part (7) is provided along one section with a longitudinal slot (8) where the shade (7, 10) can be moved along the length of the slot (8) in slidable engagement with the second tube (4). The shade (7, 10) consists of an external shade part (7) and an internal shade part (10), where the external shade part (7) has longer axial extension than the internal shade part (10), and where a slide block (13) constitutes a part and extension of an end wall (11) on the internal shade part (10).