The cold-insoluble fraction of soy protein was hydrolyzed with pepsin under usual conditions and the hydrolyzate was dialyzed. The nondialyzable part was treated with aqueous ethanol to obtain a 50% ethanol-soluble and 90% ethanol-insoluble fraction. From this fraction, a bitter tetracosapeptide was separated with the aid of column chromatography using Sephadex G-10 and DEAE Sephadex A-25, thin layer chromatography using silica gel G and cellulose powder, and paper electrophoresis. The partial structure of the bitter tetracosapeptide was proposed as follows: H•Phe-(Arg, Asp2, Glu2, Gly, Ile, Leu, Lys2, Pro, Ser, Thr)-Trp-(Ala, Arg, Asp, Gly, Val)-Gln-Tyr-Phe-Leu•OH. Pepsin hydrolyzed this peptide to lessen its bitterness, whereas trypsin was ineffective in lessening the bitterness. Either carboxypetidase A or aspergillus acid carboxypeptidase was effective in debittering. N-Bromosuccinimide treatment on this peptide produced a nonapeptide bearing the intact C-terminal structure, which was found to be still bitter. However, further degradation of the bitter nonapeptide with the carboxypeptidase A or the aspergillus acid carboxypeptidase from its C-terminal side lenssened the bitterness. These results indicate that the bitterness of the bitter tetracosapeptide relates intimately to the hydrophobic C-terminal sequence, -Tyr-Phe-Leu•OH. Experimental results concerning chemical modification on this tetracosapeptide and also concerning some synthesized model oligopeptides supported the above conclusion.