An extreme-ultraviolet source in the EUVE and ROSAT Wide Field Camera
catalogs, also identified with a very soft ROSAT PSPC X-ray source, is
coincident with the B5 V star HR 2875 (y Pup). We present an analysis
of PSPC and EUVE spectra revealing the presence of a hot white dwarf
companion to HR 2875, which then constitute the first confirmed B star
plus white dwarf system. The B star shows variable Si II, He I, and H
I line profiles in high-dispersion spectra, possibly related to its b
inary nature, but our measurements limit the radial velocity semiampli
tude of the B star to less than or equal to 2 km s(-1). We speculate t
hat the white dwarf is most likely massive, and we propose some observ
ational tests of the model.