A biodegradable two-cycle lubricant which is prepared from an add mixture of: (1) a biodegradable lubricating oil comprising an add mixture of the following components: a complex alcohol ester basestock which comprises the reaction product of an add mixture of the following: a polyhydroxyl compound represented by the general formula:R(OH).sub.nwherein R is any aliphatic or cyclo-aliphatic hydrocarbyl group and n is at least 2, provided that the hydrocarbyl group contains from about 2 to 20 carbon atoms; a polybasic acid or an anhydride of a polybasic acid, provided that the ratio of equivalents of the polybasic acid to equivalents of alcohol from the polyhydroxyl compound is in the range between about 1.6:1 to 2:1; and a monohydric alcohol, provided that the ratio of equivalents of the monohydric alcohol to equivalents of the polybasic acid is in the range between about 0.84:1 to 1.2:1; wherein the complex alcohol ester exhibits a viscosity in the range between about 100-700 cSt at 40.degree. C. and has a polybasic acid ester concentration of less than or equal to 70 wt. %, based on the complex alcohol ester; and at least one additional basestock, wherein the biodegradable lubricating oil exhibits biodegradability of greater than 60% as measured by the Sturm test; and (2) an additive package.