Epiphytic lichen and bryophyte species composition, richness and diversity were surveyed on basal trunks of six common old-growth forest tree species, Picea abies, Pinus sylvestris, Betula pendula, Alnus incana, Salix caprea and Populus tremula, in two old-growth forest areas, one in southern and one in middle boreal Finland. The average species numbers per tree ranged from 18 (Picea) to 27 (Salix) in the southern and from 20 (Populus) to 31 (Salix) in the middle boreal area. A few widespread habitat-generalist species, such as the foliose lichens Hypogymnia physodes and Platismatia glauca, were most abundant on all the tree species, except Populus. Most other epiphyte species showed at least a slight preference for one or two tree species. Populus proved to have the most distinct flora characterized by the abundance of certain, rather specialized crustose lichens and bryophytes. The number of species that occurred on only one tree species was highest on Populus (9) in the southern and on Alnus (18) in the middle boreal area. Differences in bark acidity and structure were the most likely explanations for the differences between tree species in the epiphytic flora and diversity. Salix and Populus were the most important of the tree species studied for the conservation of epiphyte diversity in the boreal forests of Finland.