The blood of the teleost Chelodunichthys kumu, living in the temperate waters of New Zealand, contains a single hemoglobin. The complete amino acid sequence of the a and / 3 chain has been established. The presence of a reactive Cys in the external position /3CD8(49) causes polymerisation through intermolecular disulfide bridges between p chains, with no alteration of functional features.C. kumu Root-effect hemoglobin displays very low or no subunit co-operativity in the physiological pH range. Kinetic experiments on the oxygen dissociation and binding of carbon monoxide show a marked, pH-dependent functional heterogeneity of the two chains, which contributes to the observed reduction of co-operativity. In contrast, kinetic heterogeneity was not observed in the process of CO dissociation, indicating that functional differences between the subunits are detectable only for the dynamic ligand association pathway. The allosteric effector, ATP, seems to increase the pK, of the proton-linked effect on the slow-reacting subunit, affecting the quaternary equilibrium through stabilisation of the T state at lower pH, rather than enhancing the functional heterogeneity itself. In position Ell of both chains, Val (usually present at the distal side of the heme), is substituted by Ile. Although this residue has been shown not to significantly alter ligand binding to the a chain, to some extent it can perturb the access of oxygen to the p chain. Thus, this substitution may be the main reason for subunit functional heterogeneity.The study of fish hemoglobins over the past years has revealed a wide range of different structural and functional properties, often associated with the multiplicity of components present in individual animals. Consequently, the regulation of oxygen binding on a structural basis cannot be interpreted generally and oxygen binding of individual hemoglobins may be the result of different molecular interactions.In several fish hemoglobins, a large reduction in the oxygen affinity and co-operativity is observed at low pH values (and in the presence of allosteric effectors), so that these hemoglobins cannot be fully saturated even with pure oxygen at pressures of several Pascalles (Scholander and Van Dam, 1954;Brunori et al., 1978). According to the interpretation of this effect (called the Root effect) in the framework of the two-state model of Monod et al. (1965), the T-R equilibrium is shifted by protons and/or other allosteric effectors towards the low-affinity conformation, thereby inhibiting the ligandlinked quaternary transitions and abolishing the co-operativity. Under these conditions, the Hill coefficient may drop to values d 1 .O, if associated to a subunit functional heterogeneity. A stereochemical interpretation of the Root effect was proposed by Perutz and Brunori (1982), who suggested that a few residues of the chain might be responsible for a relative stabilisation of the T state with respect to the R state. Although some Hb A mutants (Nagai et al., 1985;Luisi and Nagai, 1986) and Antarctic fi...