The electron-transfer reaction between ferrocytochrome c and ferricyanide has been studied by the method of photoexcitation. The observed transfer rate shows saturation behaviour at high ferricyanide concentration. Data analysis indicates that there are two binding sites of vastly different affinities at which electron transfer occurs. The binding constant for the strong binding site decreases from 1600 M-1 to 80 M-1 as the ionic strength increases from 15 mM to 140 mM. At 20 degrees C, the intramolecular electron-transfer rate for this site is 4.65 X 10(4) s-1, which gives an electron-transfer distance of approx. 9.7 A according to Hopfield's model.