SUMMARY1. The role of increased extracellular K+ concentration ([K+]O) in the production of the early electrophysiological changes induced by myocardial ischaemia, was evaluated by recordings of monophasic action potentials and the paced endocardial evoked response.2. Changes in the duration of local repolarization and conduction time were evaluated during ischaemia, K+ infusion and hypoxia. 7. Absolute reduction in repolarization time during K+ infusion was more marked at the apex than at the base in the epicardial recordings.8. The superimposition of hypoxia on hyperkalaemia resulted in marked slowing of repolarization and conduction time.9. Many but not all of the early electrophysiological abnormalities of acute ischaemia in the intact heart can be related to raised [K+]O.