Summary1. Single doses of ethinyloestradiol stimulate the pituitary adrenal axis of the female rat during quiescent conditions. 2. After a stimulus which releases endogenous ACTH, there is an inhibition of the release of corticosterone from the adrenal gland, but an increase in the corticosterone stored in the gland.3. Ethinyloestradiol (1V0 mg/kg) injected acutely or daily for 7 days does not affect the corticosterone bindinlg capacity of plasma in female rats, or the clearance rate of an injection of corticosterone. 4. Prolonged treatment with ethinyloestradiol and ACTH inhibits the pituitary-adrenal response to a stress and to an ACTH injection, indicating a block at the adrenal and pituitary level. 5. The adrenal gland recovers more rapidly than the pituitary after cessation of the oestrogen treatment. 6. The inhibition of the pituitary-adrenal response to stress after oestrogen is probably caused by inhibition of cholesterol synthesis as suggested by others. Oestrogens can increase corticoid secretion during non-stress conditions, however, so precursor lack through exhaustion cannot be excluded. 7. It is suggested that the inhibition of the stress response after prolonged ACTH treatment is due to a decrease in sensitivity of the adrenal cortex after frequent ACTH stimulation, but the possibility that it is due to a reduction in circulating cholesterol cannot be ruled out.