The response of net 02 exchange to light intensity by intact Anacystis nidulans cells in the presence of saturating NaHCO3 concentrations followed a curve with an inflection near the light-compensation point. Addition of either KNO3 or NH4CI stimulated 02 uptake in the dark and at light intensities below the light-compensation point. This resulted in steeper slopes of the curve calculated below and above the light-compensation point. At 02 concentrations limiting dark respiration, addition of inorganic nitrogen had no effect on either dark respiration or 02 exchange in the light. The apparent changes in photosynthetic yield observed under normal 02 concentration disappeared when respiration was limited by 02 availability, indicating that the effects of inorganic nitrogen on 02 exchange at low light intensities are due to stimulation of respiration rather than to increases in photosyn-thetic yield. Studies with green and blue-green algae have provided evidence for the photosynthetic nature of nitrate assimilation, showing that illuminated suspensions of intact cells supplied with saturating concentrations of CO2 evolved 02 at a greater rate when nitrate was simultaneously present (7, 11, 16). In Anacystis nidulans, the extent of the stimulation of 02 evolution induced by nitrate was dependent on light intensity, being maximal at saturating photon flux densities. It seemed clear that nitrate enhances the maximum rate of noncyclic electron transport attained when CO2 is the only electron acceptor available (1 1). These data, obtained at relatively high photon flux densities, were, however, insufficient to determine whether nitrate assimilation also affected the yield of photo-synthesis, which should be determined at very low light intensities. This is not easy since at low photon fluxes, respiratory 02 uptake may interfere with net 02 exchange determinations, and further complications arise from the repeatedly observed fact that in algae nitrate and ammonium enhance the rates of respiration and carbohydrate degradation in the dark (2, 4, 9, 15, 19, 20). Actually, a controversy has been maintained for longer than 50 years when considering the validity of extraordinarily high values of photosynthetic yield obtained with ' Supported by the Agricultural and Food Research Council, U.K. 2 Visiting scientist under Acci6n Integrada UK-Spain No. 60/37 and a short-term FEBS fellowship (J. M. R.). Permanent address: