The combinatorial procedure, employed in our earlier work in connexion with the problem of degradation of an initially monodisperse polymer system, is extended here to the polydisperse case. The results thus obtained are applied in order to study, stage by stage, the changes in the statistical character of the distribution in a number of typical cases. Next a scheme, based on an expansion of the initial distribution function in terms of the associated Laguerre polynomials, is developed in order to treat those cases in which the statistical information is confined only to a few low-order moments. Finally, we discuss the inverse problem of determining the characteristics of the initial distribution from a knowledge of the weight-average chain length at various stages of the degradation process.