Purpose: The aim of the present study was to evaluate circulating plasma obestatin levels and its’ secretory dynamics in subjects with impaired glucose tolerance (IGT) as well as in patients with type 2 diabetes (T2DM) in basal conditions and in response to oral glucose tolerance test (OGTT). Furthermore we wish to investigate possible associations between obestatin and several metabolic parameters in T2DM. Methods: The study comprised 73 male adults aged 40 - 72 years (31 with T2DM, 17 with IGT and 25 control healthy individuals). Plasma obestatin, insulin and glucose levels were measured at 0, 60, 120 and 180 min following an OGTT. Total area under response curve was determined and calculated for glucose, insulin and obestatin. Results: Significant differences in the kinetics of obestatin levels during OGTT were observed only in the control group (p=0.012), where specifically shown that plasma obestatin concentrations decreased significantly at 120΄ (p=0.005) and 180΄ (p=0.050) compared to 60΄. Plasma obestatin concentrations were significantly lower in the T2DM group compared to controls at baseline (p<0.001) and at 60΄ following OGTT (p=0.007). At 60΄, plasma obestatin concentrations were also significantly lower in the T2DM compared IGT (p=0.044). In addition, both AUC and nadir obestatin levels were lower in T2DM compared to controls (p=0.039 and p=0.001 respectively). In T2DM basal obestatin levels showed a statistically significant positive correlation with triglycerides, fasting insulin, HOMA–IR, HOMA2–IR, HΟΜΑ–β and a negative correlation with Quicki and Matsuda Index. Similarly in the IGT group, basal obestatin levels showed a positive correlation with fasting insulin, HOMA–β and HOMA2–IR. Conclusion: We observed significantly lower plasma obestatin levels in patients with T2DM and those with IGT compared to normoglycemic individuals both in basal conditions and during an OGTT. Moreover, significant associations of obestatin with several metabolic profile indices were also found in T2DM.