The structural changes in the coagulocytes of Carausius morosus during hemolymph coagulation in vitro have been studied under the PCM and in the TEM. 2. In agreement with former PCM observations on Carausius morosus, the coagulocytes are the only hemocytes to induce coagulation of the plasma. Immediately or after a few seconds upon withdrawal of the hemolymph, their structural changes consist of a considerable enlargement of the perinuclear cysterna and of direct ejection into the plasma of nuclear and cytoplasmic substances through microruptures of the cytoplasmic membrane. The other categories of hemocytes do not contribute to the plasma coagulation. Their structural alterations take place without breakage of the cytoplasmic membrane when the plasma reactions are already established. 4. These plasma reactions appear in the form of circular islands of granular material around the coagulocytes, of extension of the coagulum in the channels between the islands and of transformation of the clot into a network of threads. 5. As reported in other studies in the TEM, no specific organelle characteristic of the coagulocyte ultrastructure could be found in the coagulocytes of Carausius. 6. Owing to the absence of any specific structural criterion of identification, the results suggest that the functional difference between coagulocytes and the other categories of hemocytes as regards coagulation of the plasma might be caused in part by differences of permeability of the cell membranes.