Aspartate transaminase, alanine transaminase, glutamate dehydrogenase, arginase, serine dehydratase, tyrosine transaminase, glutamine synthetase, glutaminase and adenylate deaminase activities were measured in crude homogenates of 12, 19 and 21-day rat placentae. There is a considerable quantitative importance in enzymes able to produce free ammonia, such as adenylate deaminase and glutamate dehydrogenase, activity that progressively decrease with the age of placenta. The glutamine synthetase and tyrosine transaminase activities increase with age, while serine dehydratase decreases considerably and aspartate and alanine transaminase do not change practically. Arginase shows a maximum at 19, with lower 12 and 21-day activities. No measurable glutaminase activity has been found.The possible implications of the enzymes studied upon the ammonia-producing activity of rat placenta are discussed together with the relative decreasing role of placenta for the overall metabolic activity of the foetus, especially during the last phases of its development.The placenta is the interface through which the embryo first, and then the foetus, receive. the foodstuffs needed for their development at the expense of the maternal organism. The vital cycle of the placenta is related to its size relative to that of the foetus; it initially carries on many metabolic functions that are later taken up by other foetal organs, ending its physiological use with birth, when it is totally discarded.The metabolic functions of the placenta are manifold in addition to its main connecting and transporting role. Thus, the enzyme activities found in placenta are considerable, and explain an active glucidic and intermediary metabolism [l, 21; however, the amino acid metabolism of the placenta has been only sparsely studied, mainly in relation to transaminases [I -51 ; but also adenylate deaminase [6] and arginase [2,7] have been isolated and/or studied. Human placental gluconeogenic amino acid oxidation has been also described [8].