Laccase is capable of catalyzing the oxidation of a broad number of phenolic compounds and aromatic amines. The oxidized substrates by laccase can be extended in the presence of small molecular mediators. Pleurotus ostreatus 3.42 is an excellent producer of the industrially important enzyme laccase. Growth and laccase production in static cultivation are superior to that in agitated cultivation, and Nlimited culture is of benefit to laccase production. By using cellulose and peptone as carbon and nitrogen source, a higher activity level is obtained. Experiment demonstrates that ABTS (1?mmol) is the best inducer of laccase production, reaching a maximum value of 1?000?U/mL, approximately.