A new superdeformed band with an intensity similar to 5% relative to t
he yrast superdeformed band has been observed in Pb-194. Evidence for
a second new band corresponding to the signature partner is also prese
nted. These bands were observed with GAMMASPHERE early implementation
via the Yb-174(Mg-25, 5n) reaction at a beam energy of 130 MeV. The ro
tational characteristics of the new bands suggest an interpretation in
volving particle-hole excitations in the doubly-magic Pb-194 superdefo
rmed core. The results are compared to neighboring nuclei and recent t
heoretical calculations, and possible configurations are suggested.