The structure developed of annealed Egyptain poly(ethyleneterephthalate) (PET) fibers is studied interferometerically due to the drawing process. Using a two-beam Pluta polarizing interference microscope connected to a device to dynamically study the draw ratio with the birefringence changes, the relations of drawing changes with some optical parameters are given. The evaluation of density, the mean square density fluctuation η2, crystallinity, amorphous orientation, crystalline orientation functions, number of chains per unit volume Nc, and number of random links between the network junction points N has been found. The results obtained clarify the effect of annealing time and temperature with different draw ratios on the structure of PET fibers. Empirical formula is suggested to correlate the changes in fθ, θ, Δna, and A with the draw ratio. Microinterferograms and curves are given for illustration. © 1998 John Wiley & Sons, Inc. J Appl Polm Sci 68: 1371–1386, 1998