The thermophilic bacterium Bacillus thermoleovorans ID-1 can hydrolyze a variety of oils such as olive oil, soybean oil, palm oil, and lard as a carbon source (1.5%, v/v) after 72 h of culture at 50 o C. In this study, we purified to homogeneity two distinct thermostable lipases, designated BTID-A (B. thermoleovorans ID-1 lipase A) and BTID-B (B. thermoleovorans ID-1 lipase B). BTID-A was purified 300-fold from a cell-free culture supernatant of B. thermoleovorans ID-1 grown in modified TYEM medium in the absence of a lipid substrate as an inducer. Purification of BTID-A was carried out by ammonium sulfate precipitation, DEAE-Sepharose CL6B, Superdex 200, Resource PHE, and Mono Q column chromatography. Previously, the gene encoding BTID-B of B. thermoleovorans ID-1 has been cloned, sequenced, and expressed in Escherichia coli. Recombinant BTID-B was purified 108-fold from a cell extract of E. coli by heat precipitation, DEAE-Sepharose CL6B, and Sephacryl S200 column chromatography. Molecular mass of BTID-A was approximately 18 kDa and its activity was maximum at 60 to 65 o C. The pH optimum for BTID-A was 9.0. On the other hand, BTID-B was a larger protein with a molecular mass of 43 kDa, but showed the similar optima for its activity as BTID-A. The activity of BTID-A was inhibited by organic solvents such as EtOH, DMSO, and β-mercaptoethanol, and divalent ions including Cu 2 + , Hg 2 + , and Co 2 + . In contrast, BTID-B was slightly activated by Ca 2 + , Co 2 + , and Mn 2 + ions and strongly resistant to organic solvents. Although both of the enzymes showed different substrate specificities, their maximal activities were found with tricaprylin (C8) as a substrate. The K m values of BTID-A and BTID-B for the hydrolysis of tricaprylin were 1.82 mM (V m a x , 12.8 μmol min - 1 mg - 1 ) and 6.24 mM (V m a x , 63.3 μmol min - 1 mg - 1 ), respectively.