Two new species of lizards assigned to the genus Euspondylus from the montane forests of the Peruvian Andes in the Pasco Department (central Peru) and Ayacucho Department (southern Peru) both at elevations of 2550 and 3450 m, respectively, are described. The new species are distinguishable from all other Peruvian and Ecuadorian species of Euspondylus by a unique combination of morphometric, scalation and color pattern characteristics. Natural history data for the new species and for E. spinalis are also provided.