A photo-addressable display medium is provided, the photo-addressable display medium including: a pair of electrodes having transparency; a photoconductive layer disposed between the pair of electrodes and having a laminated structure of a first charge generation layer, a charge transport layer and a second charge generation layer in this order from an exposing light irradiation side; and a liquid crystal layer disposed between an electrode of the inverse side to the exposing light irradiation side and the second charge generation layer and having memory performance, wherein the first charge generation layer and the second charge generation layer contain a phthalocyanine compound, and the charge transport layer contains a stilbene compound represented by the following formula (1): wherein, R1 to R4 each independently represents a hydrogen atom, a methyl group or an ethyl group.