The effect of aflatoxin B 1 on the binding capacity of rat liver cytoplasmic glucocorticoid receptors and the nuclear binding of the activated receptor complex was investigated. No alterations in the kinetics of [ 3H]dexamethasonccytosol receptor complex formation were noted 2 h after treatment with 1 mg/kg aflatoxin B 1. However, a 33% decrease in the concentration of nuclear acceptor sites and a 24% decrease in the glucocorticoid receptor-nuclear binding equilibrium constant of dissociation was observed. This response was near maximal at 2 h and persisted for at least 36 h. Inhibition of nuclear binding capacity was directly related to aflatoxin B 1 dose, with a correlation coefficient of 0.99. Actinomycin D treatment (0.1 mg/kg) resulted in a slight reduction (16%) in the concentration of nuclear acceptor sites but had no effect on the nuclear binding dissociation constant. Administration of [ 3H]dexamethasone to aflatoxin B 1-treated rats produced a similar pattern of glucocortocoid binding distribution in vivo to that observed in vitro. No differences in [ 3H]dexamethasone-cytoplasmic receptor binding between control and aflatoxin B 1-treated rats were found, whereas nuclear [ 3H]dexamethasone binding was reduced 34% by aflatoxin B 1 treatment.