A soluble extracellular antigen produced byPasteurella haemolytica serotype 1 possesses neuraminidase activity. The metal ions Mn2+, Mg2+, and Ca2+ stimulate enzyme activity, while the heavy metal ions Hg2+ and Fe3+ inhibit neuraminidase activity. Extensive dialysis of the enzyme with 50 mM ethylenediaminetetraacetic acid does not result in loss of enzyme activity. Antiserum prepared againstPasteurella haemolytica serotype 1 inhibits neuraminidase activity 2.0- to 2.7-fold, suggesting that neuraminidase is part of the antigenic complex. Initial rate kinetics of neuraminidase reveals that the Michaelis constant for fetuin is 3.84 mg/ml (96 μM) and the maximal velocity (Vmax) is 0.53 mmol/min/mg of protein.