Water-withholding for 5 to 7 weeks and subsequent re-watering were made on potted plants of two epiphytic (E) and two terrestrial (T) fern species, which were collected from a seasonal tropical rainforest and had been grown in a screenhouse with 5 % irradiance for 4 months. During the water stress, the two E species completely closed stomata when frond relative water content (RWC) reached about 70 % with fairly constant maximum photochemistry efficiency (Fv/Fm), while the two T species kept partial stomata opening until RWC reached 45 % and reduction in Fv/Fm at the late stage. Also, chlorophyll content as indicated by a spectral reflectance index was gradually reduced in three species. Physiological recovery was completed after 3-d re-watering for the E species, which was more rapid than for the T species. The gas exchange measurements and regression analyses indicated higher photosynthetic water use efficiency in the E species than in the T species. and Q. Zhang ... [et al.].