The present study were investigated changes of precipitation behaviour of laves phase in ferrite single phase and ferrite-martensite dual phase and precipitation of laves phase under stress. Hardness changes in ferrite phase appeared two hardness peaks by precipitation of initial fine precipitator and laves phase in 3Mo-0.3Si and 3Mo-0.3Si-C specimens, respectively. Hardness changes in martensite phase of 3Mo-0.3Si-C specimen was lower in the initial stage of aging by carbide precipitation and after this, increased by re-hardening due to precipitation of laves phase. In the ferrite phase, laves phase was mainly precipitated, whereas in the martensite phase, carbide was preferentially formed during the initial stage of aging and with increasing aging time, laves phase and carbide were simultaneously precipitated by precipitation of laves phase at around carbide. In the ferrite-martensite interface, laves phase was mainly precipitated and carbide was mainly formed at boundary of lath martensite than grain boundary. Adding the stress in aging, fine precipitator of inital precipitation of laves phase precipitated in (100) of perpendicular to tensile direction and has grown to only followed<010>direction and also, volume fraction of laves phase increased. Consequently, the stress added was accelerated initial precipitation of laves phase.