The effects of a glyceroethanolic macerate of the leaves of Olea europaea L. and of oleuropein on excito-conduction and on the right atrial and ventricular monophasic action potential (MAP) have been studied in anaesthetized dogs using the technique of endocavitary recording. At the higher doses tested, a slight increase in the sinusal cycle of the sinoatrial conduction time and of the sinus node recovery time, together with a prolongation of the atrioventricular and intraventricular conduction and an increase of the atrial and ventricular MAP duration were observed. This may be due to a decrease in the repolarization phase 3. These electrophysiological effects indicate an inhibitory action both on the swift influx of sodium and on the slow influx of calcium, as well as a decrease in potassium conductance.