A new EDM method of small hole is presented in which critical size of EDM drilling can be reduced less than that of limit of primitive EDM system by current dividing. The drilling characters of small hole EDM by means of current dividing based on a principle of discharging-area equalization were studied and discussed. The experimental results show that drilling speed and discharging gap decrease a little, and electrodes wear increases slightly. There is a drilling consistency in EDM ability between single and double electrodes under discharging-area equalization, and new method helps to improve the drilling precision. The research outcomes provide a deeper understanding for a small hole EDM.