The electronic structure of an f-electron charge-density-wave ͑CDW͒ system, CeTe 2 , has been investigated using high-resolution angle-resolved photoemission spectroscopy ͑ARPES͒. Two gaps of ϳ100 and ϳ500 meV have been observed both along ⌫X and ⌫Y, implying the 2 ϫ 2 lattice deformation in the Te͑1͒ sheets with the CDW gap of Ϸ100 meV. By employing the fine-structure ͑FS͒ resonance, the experimental Ce 4f ARPES spectra have been measured. The FS resonance ARPES shows a typical two-peak structure with the peaks at ϳ−4 and ϳ−1 eV, and the weight shift in the latter peak in contrast to the traditional giant resonance. The Ce 4f states have the negligibly small intensity near E F , reflecting the minor contribution from Ce 4f electrons to the metallic ground state of CeTe 2 . This study reveals that the carriers near E F should have mainly the Te͑1͒ 5p and Ce 5d character, but that only the Ce 5d bands cross E F . Recent observation of the pressure-induced superconductivity ͑T C = 2.7 K͒ in nonstoichiometric CeTe 2 , which is a charge-density-wave ͑CDW͒ f-electron system ͑T CDW ϳ 1000 K͒, has raised the fundamental question on the interplay between superconductivity, magnetism, and the CDW state. 1 CeTe 2 shows the strong anisotropic behavior in transport and magnetic properties, 2-4 which arise from the quasitwo-dimensional layered structure. CeTe 2 crystallizes in the layered Cu 2 Sb-type tetragonal structure with two types of Te sites: Te͑1͒ and Te͑2͒. Te͑1͒ atoms form planar square sheets, which are sandwiched along the c axis ͓001͔ by the corrugated double layers of Ce and Te͑2͒ atoms ͓Fig. 1͑a͔͒. The ionic configuration of CeTe 2 is considered to be Ce 3+ Te͑2͒ 2− Te͑1͒ 1− so as to produce hole carriers in the Te͑1͒ sheets. The square net of Te͑1͒, which consists of the mutually orthogonal linear chains that are partially filled, would be easily distorted by the Peierls-like mechanism. 5 Indeed, CeTe 2 shows the pseudogap feature 6 and the superstructure, 7 which are believed to be related with the CDW instability. According to break junction tunneling ͑BJT͒ measurements, CeTe 2 showed a V-shaped density of states ͑DOS͒ with 2⌬ BJT = 1.2 eV and another smaller gap of 2⌬ Ã = 0.5 eV. 6 Band-structure calculations indicate that the CDW instability occurs due to the nesting between the electron and hole Fermi surfaces in the Te͑1͒ square sheets along the ͓100͔ direction in the ab plane. 6,[9][10][11][12] The superconducting phase in CeTe 1.82 seems to coexist with the CDW and magnetic phases. This is reminiscent of superconducting transition-metal dichalchogenides. For example, layered 2H-NbSe 2 exhibits the incommensurate CDW transition below 35 K and the phonon-mediated superconductivity at T c = 7.2K, 8 for which the superconducting carriers are known to be Nb 4d electrons. In contrast, the carrier type in CeTe 2−␦ has not been clarified experimentally yet, which is crucial in understanding the origin of superconductivity. Therefore there are still open issues in the electronic structure of CeTe 2−␦ , such as ...