The constraints on the number of evaporating primordial black holes imposed
by observations of the cosmological gamma-ray background do not exclude th
eir making a significant contribution to the Galactic flux of cosmic ray ph
otons, electrons, positrons and antiprotons. Even if this contribution is s
mall, cosmic ray data place important limits on the number of evaporating b
lack holes and thereby on models of the early Universe. Evaporating black h
oles are unlikely to be detectable in their final explosive phase unless ne
w physics is invoked at the QCD phase transition. (C) 1998 Published by Els
evier Science B.V. All rights reserved.