The effects of various manufacturing conditions on the characteristics of metal particle tape using ultra-fine metal powder were investigated. As functions of kneading conditions and milling solid contents. coating thickness, orientation, calender and curing conditions. various properties of the tapes were studied. By the consideration of physical and eletromagnetic properties of the tapes, optimum process conditions were determined. As a result of above investigations, we concluded that manufacturing processes were very important factor in addition to dispersion behavior of particles for achieving maximum properties of the metal particle tape.