ATP and cAMP in 4 strains of mycelial fungi were determined by luciferin-luciferase system and HPLC respectively. Cellulase synthesis was subject to the dual control of ATP and cAMP. No matter what carbon sourse was used, cellulase synthesis was repressed if intracellular ATP concentration was over 10(-7)mg/ml. Exogenous cAMP could increase cellulase synthesis under depression conditions.