Microsomal fractions, both homogeneous in appearance and functionally operative, were isolated from a homogenate of rat cerebral cortex by fractionation in water. The preparations thus obtained contain the membranous elements of the endoplasmic reticulum, synaptic vesicles, and ribosomes. Esterase, ATPase, and glutamine synthetase were found to be present and fully functional in the microsomal fractions isolated in water. The contamination of the water-isolated microsomal fractions by mitochondria and lysosomes was found to be considerably lower than in microsomal pellets isolated in sucrose. The contamination by nerve ending particles, as judged by electron microscopy and by the levels of soluble lactic dehydrogenase entrapped in the cytoplasm of the particles, was also low. Most of the contamination by mitochondria and nerve ending particles could be removed by treatment of the microsomal pellet with 150 mM NaC1. Resistant to elution by this treatment is the lysosomal contamination as well as microsomal esterase and ATPase. Glutamine synthetase, on the other hand, was almost totally solubilized. Microsomal preparations isolated in water are also shown to contain amounts of protein, RNA, phospholipid, and ganglioside comparable to those found in microsomal preparations isolated in sucrose.The microsomal fraction isolated from mammalian tissues by high speed centrifugation has not been unequivocally characterized, for it has often been found to consist of disrupted fragments of intracellular materials, including the cellular envelope, that connot readily be compared with, or identified with, intact structures (1, 2). This is particularly true for fractions isolated from brain, owing to the complex and heterogeneous organization of this organ. In contrast to brain is the liver, for instance, from which fractions can be isolated which are much more homogeneous as a eonsequence of the less complex organization of this organ. Palade and Siekevitz (3) have demonstrated that in rat liver the microsomal fraction consists preponderantly of vesicular and tubular fragments of the intracellular endoplasmic reticulum and of ribosomal granules. Hanzon and Toschi (4) described a similar composition for the microsomal fraction of brain tissue. However, more recent studies by de Robertis et al. (5) and by Whittaker (6) have revealed that the microsomal fraction of brain, as usually isolated in sucrose media, consists of a rather heterogeneous popula-69