The reaction of CO oxidation on thin metal films of platinum, rhodium, and their alloy and on a heterophase bimetallic Pt/Rh surface that consisted of platinum particles of size 10–20 nm on the surface of rhodium was studied in the region of low reactant pressures (lower than 2 × 10 −5 mbar). At low temperatures ( T < 200°C), the activity of samples increased in the order Rh > Pt/Rh > Pt-Rh alloy > Pt. Above 200°C, the rate of reaction on the heterophase Pt/Rh surface was almost twice as high as the sum of the rates of reaction on the individual metals; this fact is indicative of a synergistic effect. The nature of this effect is considered.