To investigate ultrastructural changes on the adrenal cortex of the developmental rats, tissues were collected at 20 days of gestation, at birth, 7 days, 15 days and 30 days after birth and studied by transmission electron microscopy (TEM) the mitochondrial cristae of zona reticularis in the adrenal cortex of rats were a vesicular type and the vesicles were formed prior to 20 days of gestation. Also, the numbers of vesicles were $56.2{pm}25.3$ in 20 days of gestation, $174.0{pm}74.7$ at birth, $127.8{pm}74.7$ in 7 days, $87.1{pm}40.8$ in 15 days and $86.7{pm}53.8$ in 30 days after birth, In this study, it was identified that the vesicles of mitochondrial cristae were formed by budding. The dense bodies were also observed in the nuclei of cortex cells from 20 days of gestation to 30 days after birth.