The decomposition of Al-rich Al-Ag-alloys quenched from the solid solution (α) and aged within the metastable miscibility gap, follows the sequence GP zones → γ' → γ (Ag2Al). Nearly spherical GP zones (Guinier-Preston zones) coherent with the fee matrix are formed by homogeneous nucleation and growth, whereas γ' plate-like precipitates with an hdp structure — lying on {111}-planes of the fee matrix — nucleate heterogeneously at dislocations after a certain incubation time. In the present work HREM was used to investigate the internal structure of the GP zones.Single crystals of Al-3 at.% Ag grown by strain-annealing were cut along (110) by spark erosion. The samples were homogenized for 2 h at 580°C prior to ageing for 43 h at 160°C. They were electrolytically thinned at −30°C in a methanol-HNO3 (2:1) solution. The TEM work was performed on a Philips CM 30 fitted with a Super Twin Lens and a double tilt holder. To bring the electron beam parallel to the optical axis the coma-free alignment was used. At 300 kV the instrumental point resolution was determined to be 1.9 Å using the Young’s fringes method.