Focal excrescenses of altered basement membrane material, known as corneal guttata, are a common occurrence in the elderly. A small proportion of those who develop this condition exhibit signs of corneal endothelial dysfunction and progress to Fuchs' corneal endothelial dystrophy. The relationship between the distribution and relative density of guttata and the morphological appearance of the corneal endothelium is as yet poorly understood.In this study, 40 eyes of 20 caucasian patients (5 male and 15 female) identified as having central corneal endothelial guttata were examined (mean age 76 years). Ten eyes noted as having a previous history of ocular trauma, surgery or anterior segment inflammation were excluded from the study. Clinical and specular micrographic findings are compared.Clinical examination confirmed that guttata were most densely distributed in the central cornea. Examination of all four mid‐peripheral quadrants identified the superior cornea as being least severely affected in the majority of cases. In 26 of the 30 eyes examined there was evidence of pigmentary dusting of the corneal endothelium. The severity of guttata did not appear to correlate with the density or distribution of the pigment. In cases of moderate to advanced disease, where guttata had become confluent and thus obscured the view of the corneal endothelium, the clinical differentiation of pigment, guttata and diffuse scarring became difficult. Specular microscopy confirmed the accuracy of the clinical five‐point scale used to quantify the distribution and density of guttata in the study. Quantitative analysis of corneal endothelial cells from the mid‐peripheral cornea indicated that the severity of guttata did not necessarily correlate with a reduced cell count. Central cell counts proved elusive as reflections from the irregular surface created by confluent guttata failed to produce specular images of the underlying endothelium.The authors conclude that the specular microscope is a useful diagnostic tool in the differentiation of guttata from other abnormalities of the endothelium and Descemet's membrane. Specular micrographic imaging also enables the examiner to quantify the distribution and density of guttata. The relationship between the severity of corneal guttata, endothelial cell counts and pigmentation is not well defined and further study of the progression of the disease process is required.