18β-Glycyrrhetic acid (GA, an aglycone of glycyrrhizin) is converted to 3-oxo-18β-glycyrrhetic acid (3-moxoGA) in the presence of NADP+ by rat liver homogenates, but GA was converted in the presence of NADPH to two other metabolites showing lower Rf values on thin-layer chromatography (TLC) than those of GA and 3-oxoGA by postmitochondrial supernatant of rat liver. The GA-metabolizing activity in the presence of NADPH was localized in microsomes, similar to localization of GA-oxidizing activity to 3-oxoGA. The GA-metabolizing activity required NADPH as a cofactor and O2 for full activity and was inhibited with CO, suggesting the hydroxylation reaction of GA by cytochrome P450. Two metabolites (I and II, lower and higher Rf values on TLC, respectively) were purified on preparative TLC. Mass spectral (MS) analyses of II and methyl ester of acetylated I indicated the formation of monohydroxylated metabolites. On the basis of 3H- and 13C-NMR assignments I and II were identified to be 22α- and 24-hydroxy-18β-glycyrrhetic acids, respectively. 3-OxoGA and 3-epi-18β-glycyrrhetic acid (3-epiGA) seem to be aslo hydroxylated at C-22 and C-24. A metabolite of 3-oxoGA showing a lower Rf value was also identified as 22α-hydroxy-3-oxo-18β-glycyrrhetic acid by MS and 3H- and 13C-NMR spectral analyses. In 22α-hydroxylation the best substrate was 3-oxoGA, followed by GA and 3-epiGA. On the other hand, for 24-hydroxylation the best substrate was GA, then 3-oxoGA, and 3-epiGA in order. However, 18α-glycyrrhetic acid (18α-GA) was a poor substrate for both 22α- and 24-hydroxylation. © 1990.