An aqueous epoxy resin paint composition comprising an epoxy resin emulsion formed by emulsifying a bisphenol type epoxy resin or a mixture of a bisphenol type epoxy resin with an epoxy resin having a compatibility with said bisphenol type epoxy resin and a structure similar to that of said bisphenol type epoxy resin but being quite different therefrom in a part of the structure in water with a polyoxyethylene benzylated phenyl ether having an HLB value of at least 15, and a cutting agent and, if desired, a pigment and other additives.
