Ten local fungal isolates were screened for their ability to produce extracellular fibrinolytic enzyme activity in solid state and skaken cultures. Fusarium pallidoroseum was the most active in wheat bran solid cultures. Maximum activity was obtained at 25 degrees C and 50% moisture content. Addition of 2% casein to the culture increased the activity by 1.7-folds. The 65% ammonium sulcate fraction showed the highest fibrinolytic activity it was further purified by gel filtration on Sephadex G-100 followed by rechromatography of the most active peak on DEAE-cellulose. ?The pure enzyme was highly active on human fibrin and showed an optimum reaction temperature of 40 degrees C and pH 7. The enzyme was relatively sensitive to heat treatment a at 55 degrees C and strongly inhibited by EDTA, it restored its activity by adding cobalt ions to the reaction.