A few mammalian species, such as diving mammals and the mammals that live in the low-oxygen environment of high altitudes, e.g. the South American Camelidae, can thrive during prolonged periods of oxygen shortage. To live at high altitudes, Camelidae have evolved strategies that are apparently genetically determined, since they are maintained in animals born and living at sea level. In llamas, a domestic Camelidae, these adaptations include low haemoglobin P50 (partial pressure of oxygen where half of the oxygen binding sites are saturated with oxygen), small elliptical red cells with high haemoglobin concentration, a slight increase in blood haemoglobin concentration, high muscle myoglobin concentration, more efficient oxygen extraction, and high lactic dehydrogenase activity, compared with low-altitude species (Llanos et al. 2003). In addition, the llama maintains a low pulmonary arterial pressure, with an absence of highly muscularized pulmonary arterioles, despite living at very high altitudes (Harris et al. 1982). Fetal life imposes an additional oxygen challenge to high altitude mammals. Fetal arterial partial pressure of oxygen (Pa,O2) is 30 mmHg in the umbilical vein at sea level, and is much lower in high-altitude pregnancies. Compared with fetuses of lowland species, such as sheep, the fetal llama also has low haemoglobin P50 (Moraga et al. 1996), lower basal cardiac output and organ blood flow (Llanos et al. 2003), and a more efficient total oxygen extraction (Benavides et al. 1989). Remarkably, unlike fetuses of lowland species, the llama fetus responds to acute hypoxaemia with only a minor increase in cerebral blood flow (Llanos et al. 2003). Furthermore, the fetal llama shows a progressive fall in brain oxygen delivery and cerebral oxygen consumption with progression of the fetal hypoxaemia (Llanos et al. 2002). We have shown that the electrocorticogram flattens under these conditions of hypoxaemia, and seizure activity does not occur, which suggests that no hypoxaemic damage occurs (Llanos et al. 2003). A pressing question is how the oxygen delivery and consumption can decrease in the fetal llama brain during hypoxaemia, without concomitant damage. One possible explanation is that the neurones undergo hypometabolism during the hypoxaemic episode. In the neurone, more than 50% of energy expenditure is due to the continuous ion pumping needed to maintain the ion electrochemical gradients, which in turn are needed to support the repetitive opening of Na+ and K+ channels, which account for much of the brain's electrical activity (Erecinska & Silver, 1994). In the brain of most vertebrates, ATP rapidly decreases during severe oxygen deprivation; ionic gradients collapse leading to depolarization, followed by a strong and massive intracellular Ca2+ increase, and the onset of the cell death events. Nevertheless, some vertebrates, such as an anoxia-tolerant species of turtles (Trachemys scripta), have developed adaptive brain hypometabolism as a defence response against anoxia. One of the principal features accounting for brain hypometabolism is the reduction in activity of the Na+–K+-ATPase pari passu, with a decreased permeability of Na+ and K+ ions and/or a lesser expression of Na+ and K+ channels in the central nervous system (Hylland et al. 1997; Pek-Scott & Lutz, 1998; Bickler & Buck, 1998; Nilsson & Lutz, 2004). An analogous strategy, imposed by the sustained hypobaric hypoxia of life at extreme altitude, may have evolved in the fetal llama to avoid cerebral damage. In this study, we looked for additional evidence to support the hypothesis that the fetal llama reacts to hypoxaemia with adaptive brain hypometabolism. To further support this contention, we determined whether fetal llama brain temperature decreases, and whether this was associated with a reduction of ion channel density and Na+–K+-ATPase activity, with no signs of cell death in the brain cortex of llama fetuses submitted to prolonged hypoxaemia.