Abstract: A catalyst for cellulose hydrolysis and/or the reduction of hydrolysis products, in which a transition metal of group 8 to 11 is supported on a solid support. A method of producing sugar alcohols comprising: hydrolyzing cellulose in the presence of the catalyst in a hydrogen-containing atmosphere with pressurization; and reducing the hydrolysis product of cellulose. Provided are a catalyst for use in the production of sugar alcohols by the hydrolysis and hydrogenation of cellulose that affords easy separation of catalyst and product, and that does not require pH adjustment, acid or alkali neutralization, or activation of the catalyst during reuse, and a method of producing sugar alcohols from cellulose employing this catalyst.