Rainbow trout were fed diets with graded levels (0.6%, 1.6%, 2.5%, and 4.1%) of a yeast nucleic acid extract corresponding to dietary Saccharomyces cerevisiae levels of 7.5%, 20%, 30% and 50% or diets supplemented isonitrogenously (0.8% N) with free purines (adenine, guanine, xanthine, and hypoxanthine) in two 12-week studies. Fish fed increasing levels of yeast extract manifested significant (P < 0.05) corresponding incremental increases in growth and nitrogen retention. No negative effects on feed intake were observed. When fish were fed supplemental free purines, adenine was shown to be a potent inhibitor of feed intake and growth. While supplementation with the remaining purines did not negatively affect feed intake or growth, carcass nitrogen retention was significantly depressed, indicating the lack of a nitrogen-sparing effect. Our results indicate that the nutritional significance of free dietary adenine versus nucleic acid-bound adenine in yeast or yeast nucleic acid is an important consideration in evaluating the suitability of single cell proteins in fish feed formulations.