An approach for the synthesis of Ag/Pt namoparticle-incorporated polyaniline (PANI) nanofibers and Ag/Pt nanoparticles was developed that considers both thermodynamic and kinetic aspects. Ag/Pt nanoparticles and PANI nanofibers are generated simultaneously by the reduction of Ag+/Pt4+ ions to Ag/Pt nanoparticles and by the polymerization of aniline (ANI) to PANI nanofibers. The PANI nanofibers serve as anchor seeds for the formation of Ag/Pt nanoparticles. The simple and inexpensive route for the preparation of PANI-Ag/Pt nanocomposites can be extended to the polymerization of ANI derivatives and the formation of metal/metal oxides for applications such as sensors, direct methanol fuel cells, and capacitors. (C) 2009 Elsevier B.V. All rights reserved.