The sequence of the Ac element isolated from the wx-m7 allele has been determined. The Ac element is 4563 bp long. A central portion of roughly 3.1 kb is occupied by three open reading frames, two of which point in one direction and the third in the opposite direction. One of the reading frames potentially encodes a protein with a ten-fold repeat of pro gluN and pro glu dipeptides near its N-terminus. The sequences outside the open reading frames are characterized by the presence of a number of direct and inverted repeats. The Ac element may thus have evolved from a simpler progenitor structure. The sequence we have determined for the Ac from the wx-m7 allele differs in a few key positions from that reported for the Ac element from the wx-m9 allele (Pohlman et al. 1984). We have resequenced these positions in both Ac elements and find them to be identical. We conclude that the phenotypic differences between the two waxy alleles are not caused by structural differences in the Ac elements but rather may be attributable to the differences in their insertion sites.