A new assemblage of fossil wood of Paleocene age from Seymour Island, Antarctic Peninsula, is described. Conifer species have been identified, belonging to the fossil genera Agathoxylon, Phyllocladoxylon, Protophyllocladoxylon, and Podocarpoxylon. Angiosperm fossil wood species are assigned to Nothofagoxylon, Caldcluvioxylon, and Myrceugenellites. New wood types have been described with possible affinity to Atherospermataceae and Asteraceae (daisy family). A newly identified fossil angiosperm species, Aextoxicoxylon jacksius, has been recorded from Antarctica for the first time. It shares traits with modern Aextoxicon punctatum and other Aextoxicoxylon wood from South America but is considered a separate species due to significant differences in vessel density, ray height, and frequency. This study indicates, in accordance with previous studies that conifers were the most common elements in the Paleocene Antarctic vegetation. In particular, Agathoxylon being the most dominant wood type. Nothofagoxylon was the most common angiosperm wood type. Overall the composition of the Antarctic Paleocene vegetation deduced from the presence of fossil wood resembles that of the modern warm to cool temperate forests of Tasmania, New Zealand and southern South America. Possible upland and lowland forest types have been identified, with the lowland forests likely most similar to the modern mixed cool temperate forests on South Island, New Zealand, and Tasmania. The upland forests were similar to the modern open canopy Araucaria-Nothofagus forests on the high Andes today.