A F138 austenitic stainless steel was solution heat treated, deformed by equal-channel angular pressing (ECAP) at 25 and 300°C. The equivalent strain was ~0.7 per pass and the applied equivalent strain varied from 0.7 to 2.8. Microstructure evolution was observed by transmission electron microscopy (TEM) electron back-scattered diffraction (EBSD) and X –ray diffraction. Work hardening behavior was studied by making use of Kocks-Mecking plots and hardness measurements, the influence of deformation on corrosion resistance was evaluated recording anodic polarization curves in 0.9% NaCl solution.