This study is focused on the prediction of appropriate tool life by clarifying the correlation between progressive tool wear and AE(Acoustic Emission) signals, while cutting stainless steel by end mill on the machining center. The results of this study were that RMSAE tends to increase linearly along with the increase of the cutting speed, and it was more sensitive to depth of cut than to the variation of feed rate at the same cutting conditions, and RMSAE increases around 0.21mm flank wear hereby AE-HIT also increases. AE signals depend upon tool wear and fracture from the above results. Therefore, the AE signals can be utilized in order to monitor the tool condition.