In this paper, we derive a fast polynomial basis multiplier for GF(2m) defined by pentanomials xm+xk3+xk2+xk1+1 with 1 ≤ k1 < k2 < k3 ≤ m/2 using the presented method by Park and Chang. The proposed multiplier has the time delay TA+(2+⌈log2(m-1)⌉) TX or TA+(3+⌈log2(m-1)⌉) TX which is the lowest one compared with known multipliers for pentanomials except for special types, where TA and TX denote the delays of one AND gate and one XOR gate, respectively. On the other hand, its space complexity is very slightly greater than the best known results.