In the dimorphic stag’s hom fem, Platycerium coronarium (Koenig ex Mueller) Desv., photosynthetic characters and chlorophyll (Chl) contents were deteiinined in both nést and pendulous fronds at different stages of ontogeny and at different positions along the longest length of each frond. Area-specific radiant energy- saturated net photosynthetic (P^) and dark respiration rates, dry mass-specific Chl content and quantum yield increased during frond development and decreased when senescence set in. Radiant energy-saturated and dry-mass specific Chl content were greatest in the youngest tissues of each frond. In addition to the functions ascribed to the nést (water and nutrient collection) and pendulous (reproduction) fronds, the results indicate the important roles of both frond types in providing Chemical energy to the growth and survival of the plant.