Vertical distribution of eggs and larvae of Maurolicus muelleri were studied in the south-eastern waters of Korea during 1985 and 1986. Samples were collected vertically at three different layers, 0~30 m, 30~50m and 50~100m. The densities of egg and larva were high in August. Eggs and zooplankton were abundant around the thermocline in the temperature range of $10{sim}15^{circ}C$ at the layers of 50 m depth in 1985, and 30~100m depth in 1986. Eggs in the cleavage stage were abundant at the layer of 50~100m depth, while those of processing embryonic body formation were tended to concentrate at the layer of 30~50m depth. The vertical distribution of each developmental stage differed according to sampling time. They were distributed uniformly at water column from 30 m to 100m depth in the midnight, but concentrated at the layer from 30 m to 50 m from dawn to sunset. Before and after midnight, eggs in the cleavage stage were most abundant. It was assumed that M. muelleri spawned at the layer of 50~100m depth around the midnight, and the eggs ascended to the layer of 30~50m depth with development.