The effects of 3 h exposure to 96hLC50 of cadmium (4.5 mg dm )3 ) on oxygen consumption rate, and hematological parameters (RBC, WBC, erythrocyte and leukocyte pattern) of juvenile tench were evaluated. Oxygen consumption significantly decreased beginning from 24 h postexposure, and remained reduced until the end of the experiment (96 h postexposure). RBC gradually increased, together with the percentage of juvenile cells in circulation. On the other hand, cadmium induced damage to the red cells -the share of cellular anomalies significantly increased with time postexposure. They included abnormal cell shape, vacuolization, swelling, chromatin disintegration in the nucleus, and nucleus indentation. The exposed fish showed a gradual and significant decrease in WBC without a shift of lymphocyte/neutrophil proportion. No significant changes in thrombocyte count occurred. The results show that short-term exposure to cadmium reduced fish energetic metabolism, and suppressed immune abilities. The symptoms gradually developed after the end of exposure, and no recovery took place until 96 h.