Young adult male Wistar rats were given 30 mg per kg of cyclosporin (CS) for 21 consecutive days. After CS treatment thymic medulla virtually disappears and the thymus is almost entirely composed of cortical tissue. Macrophages are scattered throughout the thymic cortex. These cells are very large, rounded, with inconspicuous prolongations and euchromatic nucleus with prominent nucleoli. These cells are loaded with lipid bodies and vacuolar cytoplasmic inclusions of different size and diverse content, but very rarely contain phagocytosed lymphocyte remnants. The cytoplasm between inclusions has very active aspect with abundance of polyribosomes, granular endoplasmic reticulum and vesicles. Mitoses of lymphocytes in the vicinity of macrophages are frequently seen. We discuss the morphological similarity between cortical macrophages of CS-treated thymus and macrophages of cortico-medullary zone (CMZ) of the normal rat thymus, as well as functional significance of described morphological characteristics of this type of thymic macrophages, which probably reflect the metabolism of arachidonic acid.