Understanding the systematic structural changes accompanying allosteric effector binding to haemoglobin should provide some clues to the understanding of structure-function relationship in other multimeric enzymes. The affinities of the CysF9[93]â sulfhydryl group of oxy-, carbomonoxy-and aquomet-derivatives of straw-coloured fruit bat (Eidolon helvum) haemoglobin (SCFB-Hb) for 5,5'-dithiobis(2-nitrobenzoate) (DTNB) were measured in the range 5.6 £ pH £ 9.0 using stripped and inositol hexakisphosphate (inosito-P 6 ) bound haemoglobin. The data were analyzed on the basis of findings that the tertiary structure of the product of the reaction of DTNB with haemoglobin CysF9[93]â sulfhydryl group exists in two conformations; r and t. The result shows that the affinity of DTNB for SCFB-Hb in both r and t conformations are coupled to the ionizations of two ionizable groups, HisH21[143]â and HisFG4[97]â. In the r conformation, the presence of inositol-P 6 reduces the pK a of HisH21[143]â by 1.24 units and that of HisFG4[97]â by 2.74. In the t conformation, inositol-P 6 raises the pK a of HisH21[143]â by 1.10 pK a units whereas that of HisFG4[97]â was increased by 0.78 pK a units. Change in pK a of ionization of the ionizable groups and isomerization of the tertiary conformations are important modulators of organic phosphate binding. KEYWORDS Sulfhydryl group, inositol hexakisphosphate, ionizable group, stripped haemoglobin, r↔t isomerization, 5,5'-dithiobis(2nitrobenzoate).