A hydraulic control device for an automatic transmission capable of preventing engine racing and tie-up by controlling disengagement side oil pressure in accordance with an input torque and an oil temperature. Gear-change execution controller U4 controls drain timings T1 and T3 and a drain gradient &dgr;P of the disengagement side oil pressure acting on the frictional engagement elements of the disengagement side according to the magnitude of the input torque and elevation of the oil temperature in torque phase control wherein both the engagement side oil pressure and the disengagement side oil pressure are controlled.