We have observed that submicron sized Al-AlOx-Al tunnel junctions can be stabilized completely by annealing them in vacuum at temperatures between 350 • C and 450 • C. In addition, low temperature characterization of the samples after the annealing treatment showed a marked improvement of the tunneling characteristics due to disappearance of unwanted resonances in the current. Charging energy, tunneling resistance, barrier thickness and height all increase after the treatment. The superconducting gap is not affected, but supercurrent is reduced in accordance with the increase of tunneling resistance.Submicron sized metal-insulator-metal (MIM) tunnel junctions have been used widely in applications such as radiation detectors[1], single electron transistors (SET) [2], and tunnel junction coolers and thermometers [3]. They are also the central element in superconducting quantum bits [4,5,6,7,8], and magnetic junctions [9] are developed for memory applications. However, there are often problems with stability of the junctions in room air conditions, the most noticable being aging, i.e. a slowly creeping increase of the tunneling resistance R T with time. Instability of the junctions is an obvious drawback when considering practical and commercial applications of tunnel junctions.One possible reason for aging is the absorption of unwanted molecules into the barrier. Direct knowledge of these processes is sketchy, although it is known that vacuum conditions can slow down aging significantly. [10] Another possibility is the relaxation of the oxide barrier properties. Typically, tunnel barriers in MIM junctions are fabricated by room temperature thermal oxidation of a disordered base electrode. This procedure results in formation of a polycrystalline or amorphous oxide layer, in which atoms are not in their global equilibrium positions. The relaxation from this "glassy" state could take months at room temperature. Moreover, in AlO x barriers studied here, chemisorbed oxygen ions bound on the barrier surface during fabrication have also been shown to be a source of instabilities. [11] A typical remedy for finding a better energy minimum is thermal annealing, the artificial acceleration of the relaxation processes by heating up the sample for some time and then letting it cool again. For technologically important Nb/Al-AlO x /Nb junctions, annealing treatments in gas atmospheres (He, N 2 , Ar, air) were shown to change the barrier properties, always increasing R T . [12,13,14,15] On the other hand, for magnetic tunnel junctions, improvements in their performance were obtained with vacuum anneals. [16,17] In this letter we discuss how Al-AlO x -Al tunnel junctions can be completely stabilized, and their characteristics improved by thermal annealing in vacuum. The general trend of increase of R T with the annealing is reproduced. The bias voltage dependence of the tunneling conductance reveal that the junction characteristics become more ideal after the anneal. In addition, the charging energy, the effective barrier thickne...