The rates of hydrolytic degradation of long chain polyphosphates into shorter chains, and also into trimetaphosphate rings, have been studied at pH 5, 7, and 9 and at 40, 60, and 80°. Both processes follow first-order kinetics. The degradation into trimetaphosphate, whilst pH-dependent, is affected less by pH than is the hydrolytic degradation into shorter chains. At 60° and pH 7, the specific rate constant for the formation of trimetaphosphate, kD, is 0·81 × 10–5 min.–1, whilst that for the formation of shorter chains, kH, is 2·23 × 10–5 min.–1. The activation energies for the two processes have been found to be 23·5 ± 1·5 and 20·5 ± 1·0 kcal. mole–1 respectively. The half lives at 25° for the two processes have been calculated by extrapolation of the specific rate constants to be about 12 and 3·5 yr. respectively.