Live postlarvae of banana shrimp, ππππππ’π πππππ’ππππ ππ , were fed to big fin squid, ππππππ‘ππ’π‘βππ πππ π ππππππ, pharaoh cuttlefish, πππππ πβπππππππ , and spineless cuttlefish, ππππππππ πππππππ , from hatching to ten days of age or hatchling to juvenile. Size of shrimp larvae was managed to suite the size of cephalopods of each specie, preferably postlarva 5, 10 and 1 respectively. Feed conversion efficiency of spineless cuttlefish was highest (60.61%) and of big fin squid and pharaoh cuttlefish was nearly equal at 52.10% and 48.22%. The efficiency was with average feeding rate of 19.80% 27.91% and 28.17% respectively independent of stocking density. Survival of spineless and pharaoh cuttlefish was average 99.92% and 93.80% and survival of big fin squid was lower at 78.26%. Unit cost of production of big fin squid, pharaoh and spineless cuttlefish was 9.97, 19.52 and 3.54 US dollar for 100 individuals with 82.32%, 84.71% and 74.26% for cost of live feed respectively.