Different MHC class I‐specific killer inhibitory receptors (KIRs) are expressed in vivo by a minor fraction of activated memory CD8+ cells. It has been postulated that KIRs may ‘fine‐tune’ specific responses by altering their threshold of activation by the TCR–CD3 complex. We have previously shown that, in multiple myeloma (MM) patients, a large fraction of peripheral blood CD8+ cells display the phenotype of chronically activated memory T cells (CD38+, HLA‐DR+, CD25−, CD45R0+, CD28−). We investigated the expression of KIRs on MM T cells and determined their possible influence on cytolytic responses elicited via the CD3–TCR complex. The expression of CD94, a molecule that is part of a heterodimeric KIR recognizing the non‐classical MHC surface HLA‐E molecule, was almost threefold higher in MM T cells than in age‐matched normal control subjects (P < 0·0001). CD94 expression was preferentially confined to CD8+ cells but not restricted to activated (HLA‐DR+) and/or memory (CD45R0+) T cells. Unlike normal T cells, in which CD94 is assembled with glycoproteins of the NKG2 family to form functional receptors with activating or inhibitory properties, most CD94+ MM T cells were devoid of both the NKG2‐A and NKG2‐C glycoproteins detected in the inhibitory or activating form respectively. CD94 blockade did not significantly affect either T‐cell proliferation or cytotoxic T‐lymphocyte generation induced by the myeloma‐derived cell lines NCI and RPMI 8226. Similarly, the cytolytic activity induced by direct anti‐CD3‐mediated targeting of MM T cells to FCR+ P815 target cells was unaffected by the addition of anti‐CD94 and/or anti‐NKG2‐A/C monoclonal antibodies (mAbs). These data indicate that the large majority of MM CD8+ cells do not express a functional CD94 receptor. Thus, their ability to ‘fine‐tune’ an appropriate immune response against tumour cells can be impaired.