The interlaminar facture behavior of multidirectional carbon-fiber/epoxy composite laminates under low and high rates of test, up to rate of about 11.4m/s has been investigated using the double cantilever beam specimens. The mode I loasing with rates above 1.0m/s had considerable dynamic effects on the load-time curves and thus revealed higher values of the average crack velocity than thet expected from a simple proportional relationship with the test rate. The modified beam analysis utilizing only the opening displacement and crack length exhibited an effective means for evaluating the dynamic fracture energy $G_{IC}$. Flexural modulus increased gradually with an increase of the test rate, which was utilized in the evaluation of $G_{IC}$. Values of $G_{IC}$ at the crack initiation and arrest were scarcely changed with increasing test rate up to 1.0m/s. However the maximum $G_{IC}$ was much enlarged at 11.4m/s due to the large amount of fiber bridging the crack tip. The larger the initial crack length, the smaller the maximum $G_{IC}$ at high rate.