Adenosine 5 '-phosphorothioate, an analog of adenosine 5 '-phosphate, has been prepared from adenosine and thiophosphoryl chloride in triethyl phosphate in 65 % yield and isolated as the sodium salt. The adenosine 5 '-phosphate content of this product (measured with adenylate kinase) was less than 0.5% and the content of adenosine derivatives other than the 5'phosphorothioate (measured as unchanged material after treatment with adenylate deaminase or with 5'nucleotidase) was 1-3 %. Adenosine 5 '-phosphorothioate (0.34 mM) was phosphorylated by adenosine triphosphate in the presence of muscle adenylate kinase at less than 0.3% of the rate with adenosine 5'-phosphate at the same concentration, but 0.25 mM adenosine 5 '-phosphorothioate increased the adenosine 5 '-phosphate concentration for half-maximal activity, [SI, 5 , from 0.15 to 0.18 mM and decreased the maximal velocity (V, micromoles per minute per milligram of protein) from 120 to 91 without changing the slope (1.35) of the Hill plot. Adenosine 5 '-phosphorothioate was deaminated by adenylate deaminase from rat skeletal muscle. The Michaelis constant, K,, was 1.6 mM and V was 125, 9% of the maximal velocity with adenosine 5'-phosphate(V = 1330; K, = 0.9 mM). With 5'-nucleotidase from Crotalus venom liberation of adenosine from adenosine 5 '-phosphorothioate was much slower than that from adenosine 5 '-phosphate (V = 0.026 and 1.39, respectively) but K, for adenosine 5'-phosphorothioate N ucleoside 5 '-monophosphates and nucleoside 5 '-triphosphates, particularly AMP and ATP, are some of the most important regulators of metabolic processes (for reviews, see Krebs (1964) and Atkinson (1966)).