The polysaccharide of lentinus edodes and polytictus versicolor has been fractionated by repeated precipitation method.All fractions and the unfractionated samples have been characterized by rapid dynamic membrane osmometry. For its aqueous solution

the second virial coefficient A2 decreases as the molecular weight increases. The relationship is A2= 2 slope (MnRT)-1/2.Determination of the distribution curve by means of fractional precipitation. Separation of a polysaccharide into six fractiona by a fractional precipitation carried out. The distribu-tion-curve of integral and differential is obtained. After according to the modified Elias'cloud-point titration method and using an Abbe's refractometer to define the clou-point

[6-]8it was found that water/acetone (89:11 by vo-lume) is a θ solvent for the polymer at 25±0.05 C. For θ conditions

the intrinsic viscosities were determined by capillary viscometry. Thus a monodispersed [n]-M relationship has been obtained: [n]θ=2.59×10-2M0.509 From the result above the unperturbed dimensi on(r2θ)1/2 was found to be 4.7×10-9M1/2.