An extracellular esterase (EC 3.1.1.1) from a thermophilicBacillus A30‐1 (ATCC 53841) was purified 139‐fold to homogeneity by sodium chloride (6 M) treatment, ammonium sulfate fractionation (30–80%) and phenyl‐Sepharose CL‐6B column chromatography. The native enzyme was a single polypeptide chain with a molecular weight of about 65,000 and an isoelectric point at pH 4.8. The optimum pH for esterase activity was 9.0, and its pH stability range was 5.0–10.5. The optimum temperature for its activity was 60°C. The esterase had a half‐life of 28 h at 50°C, 20 h at 60°C and 16 h at 65°C. It showed the highest activity on tributyrin, with little or no activity toward long‐chain (12–20 carbon) fatty acid esters. The enzyme displayed Km and Kcat values of 0.357 mM and 8365/min, respectively, for tributyrin hydrolysis at pH 9.0 and 60°C. Cyclodextrin (α, β, and γ), Ca2+, Co2+, Mg2+ and Mn2+ enhanced the esterase activity, and Zn2+ and Fe2+ acted as inhibitors of the enzyme activity. The enzyme activity was not affected by ethylenediaminetetraacetic acid, p‐chloromercuribenzoate andN‐bromosuccinimide.