The present invention provides an exhaust gas purifying catalyst that is capable of substantially reducing the degree of deterioration in an exhaust gas purifying capability, which results from dissipation of an absorbent agent. Accordingly, an exhaust gas purifying catalyst, which includes a carrier and a catalyst layer, and to which at least one material selected from a group of alkali metals and alkali earth metals is added as an absorbent agent, is characterized in that acid material with a high affinity with respect to the absorbent agent is mixed in the catalyst layer so as to fix the absorbent agent, and an inhibiting layer is formed between the catalyst layer and the carrier so as to inhibit the movement of the absorbent agent toward the carrier.