The influence of both tempering temperature and time on the microstructure of 0.3C-1.1Mn-0.3Mo-O.2Cr steel was investigated. The development of carbide particles from various points of view, that is, crystallography, chemical composition, size, morphology, and distribution, were also considered. Carbide particles were studied by means of transmission electron microscopy including EDX and electron diffraction. The only carbide type found in the microstructure of the experimental steel was M)C. Manganese was discovered to be the most actIve in partitioning of alloying elements between ferrite and M)C carbide.