The chromaffin granule membrane binding and aggregating properties of three annexins, synexin, p32 and p67, have been studied and compared. Each protein was activated to bind and aggregate membranes with a biphasic Ca2+ dependence, with one phase titrating between pCa 5.0-3.5 and the second at higher levels of calcium (pCa < 3.5). cis-Unsaturated free fatty acids lowered these Ca2+ requirements by approximately one log unit. Barium and strontium were able to partially substitute for calcium, with the order of sensitivity Ca2+ >; Sr2+ >; Ba2+. The proteins appeared to bind to distinct but overlapping populations of receptor sites, and did so in a manner displaying positive cooperativity at the higher Ca2+ levels. The maximal efficacy of the proteins as membrane aggregators differed with synexin being 1-2-fold more efficacious than p32, which in turn was 7-fold more efficacious than p67. In combination, p67 was an effective inhibitor of granule aggregation induced by synexin or p32, while p32 was able to both promote and inhibit synexin-induced granule aggregation in a manner which varied with synexin concentration. The complexity of these annexin-membrane interactions may be a reflection of the multidomain structure of the annexins and may have implications for the differential functions of these proteins in cells. © 1990.