A new multi spectral and panchromatic image fusion, which is based on Nonsubsampled Contourlet Transform (NSCT) and HIS transform, is proposed in this paper. First, I component was obtained from multispectral image through HIS transform. Second, coefficients were gained by fusion algorithm, which performed on I component and Panchromatic image by NSCT transform. Finally, the fusion images were received by inverse HIS transform on H and S component of multispectral image and . The experiment results show that the proposed algorithm not only preserves spectral information of original images well, but also enhances detail texture information in image fusion.