A computer code EXBURN-I has been developed which analyses LWR fuel behavior in high-burnup region in normal operation and transient conditions. In the high-burnup region, fuel behavior is affected considerably by such burnup-dependent factors as FP gas release, waterside corrosion of cladding, and pellet property change. To analyze these phenomena, in the present version, the base code FEMAXI-IV has been improved and incorporated such new models as pellet thermal conductivity change, burnup-dependent FP gas release rate, and cladding waterside corrosion. The present report describes the whole structure of the code, adopted models, and material properties, followed by input manual and sample input/output. Verification and further improvement of the code performance by experimental data will be done in the next stage. (author).