A B S T R A C T R I~ S U M I ~This paper describes a study carried out to examine the influence of storing pulverized-fuel ash (PFA) in an excess of water, or lagoon, on the properties of the material itself and its suitability for use as a component of the binder in concrete. The work considered PFA slurried and stored in the laboratory (simulated lagoon PFA), and material recovered from power station lagoons (lagoon PFA). The results indicate that simulated lagoon PFA tends to agglomerate and this appears to relate to chemical changes taking place within the material, as indicated by increasing loss-on-ignition, the formation of gypsum and bassanite, and leaching of solubles from particle surfaces into the simulated lagoon solution. Despite these effects, the use of this material, as part of the binder, has only a minor influence on concrete properties, with small changes in workability, bleeding and compressive strength measured. There was general agreement between the results for laboratory and site lagoon PFA. If the effects noted are accommodated within the concrete mix design, there is potential for using lagoon PFA as a binder component in concrete construction.