The cardiac sarcolemma contains kinases which catalyze the incorporation of 32P-phosphate into acid stable and acid precipitable membrane components of low molecular weight. The phosphorylation is not influenced by cyclic AMP or calmodulin. Analysis of phosphorylation products using proteolytic digestion, organic solvent extraction, thin layer chromatography and gel filtration reveals both polypeptides and lipids as kinase substrates. Polypeptides are phosphorylated at their serine and threonine residues, while lipid phosphorylation gives rise to 32P-labelled phosphatidylinositol phosphates and some nonidentified compounds. Phosphorylated polypeptides and phosphorylated lipids do not separate in SDS polyacrylamide gel electrophoresis. On the basis of the fast time course of 32P-phosphate incorporation, it may be supposed that endogenous phosphorylation may play a role in the short term regulation of the cardiac sarcolemmal function.