Submillisecond folding of cytochrome c reveals that a nascent phase ap
pears within the mixing dead time of 100 mu s, followed by a ligand ex
change reaction during which His 26/33, water and Met 80 are inter-exc
hanged as haem ligands through a thermodynamically controlled equilibr
ium. In the ligand exchange phase, the rate of formation of a misfolde
d histidine-histidine coordinated state (HH) decreases by two orders o
f magnitude as the pH is reduced from 5.9 to 4.5 due to the protonatio
n of the misligated His 26/33. The activation energy barriers for the
transitions from the histidine-water coordinated form (HW) to the hist
idine-methionine coordinated form and the HH form are 18 and 4 kcal mo
l(-1) respectively, at pH 4.8. The activation energy barrier for prote
in to escape from the misligated HH to the HW form was measured to be
12 kcal mol(-1), demonstrating the kinetic trapping effect of the misl
igated bis-histidine form. The development of the polypeptide tertiary
structure near the haem is concomitant with the coordination of the n
ative haem axial ligand.