The invention relates to a butadien styene rubber foamed sheet and preparation method. The butadien styene rubber foamed sheet comprises(by weight parts): the total sum of butadien styene rubber, natural rubber and polybutadiene being 100 parts, filler 70-180 parts, black factice or white factice 10-20 parts, naphthenic oil 20-60 parts, black carbon or carbon white 0-25 parts, olefin 1-4 parts, foaming agent 10-20 parts, blowing promoter2-8 parts, sulfur 0.5-3 parts, promoter 0.2-3 parts, antiager 1-4 parts, dispersant 1-4 parts, white titanium pigment 0-15 parts. The method comprises: raw roll milling, pressure type milling by preliminary refiner, milling by roll mixer, extruding by extruder, once foaming and sulphurizing, second foaming and sulphurizing, cooling. The butadien styene rubbr foamed sheet has good elasticity, high extension percentage, high intension, small compression permanent set, antifriction and limited slip, good damping effect, innocuity and vapidness, low price.