The chronology of maturation process and cortical reaction development was studied in the Volga sevryuga oocytes. The germinal vesicle breakdown was first noted at 14 tau 0 following the injection of hypophysial suspension to the female and observed in the vast majority of oocytes at 17 tau 0; different phases of the I maturation division were found at 21 to 25 tau 0 and metaphase II at 33 tau 0. The ability to respond by cortical reaction to the activating stimulus (glass needle pricking) was first observed at 17 tau 0, i.e. soon after the germinal vesicle breakdown, but the appearance of the ability for cortical reaction was not connected causatively with the latter process. The cortical reaction in the maturing oocytes (17 to 25 tau 0) is characterized by the following features: in some oocytes the rate of the wave of granule breakdown is much lower than in the mature eggs; in ca. 80% of oocytes with the normal rate of cortical reaction the process of release of the contents of cortical granules in inhibited in the animal pole region and accordingly the contact of cytoplasm with the membranes is preserved in this region for a long time.