These experiments were intended to determine whether comodulation masking release (CMR) occurs for maskers that are modulated in frequency rather than in amplitude. In experiment I, thresholds for a sinusoidal signal were measured in the presence of two continuous sinusoidal maskers: one was centered at the signal frequency (1.0 kHz), and the other was positioned at flanking frequencies ranging from 0.5 to 2.0 kHz. The two maskers were frequency modulated (FM) by the same low-pass-noise modulator (correlated condition) or by independent noise modulators (uncorrelated condition). Thresholds were the same for the correlated and uncorrelated maskers, i.e., no CMR occurred. This was also true when the flanking band was presented in the ear opposite to that containing the signal and the on-frequency masking band. In experiment II, 25-Hz-wide noise maskers were used. The on-frequency band was sinusoidally frequency modulated, while the off-frequency band either had the same FM or no FM. Thresholds were similar for the two conditions, again indicating that no CMR occurred. The results suggest that, unlike amplitude modulation, correlated FM of the masker in different frequency bands does not give rise to a release from masking.