The aim of this study was to investigate the effects of caffeine on heart rate and heart rate variability (HRV) at rest and during submaximal exercise. Using a balanced, double-blind, randomized, crossover design, 16 male cyclists (age: 37 +/- 9 years; (sic)O-2max: 4.44 +/- 0.67 L<middle dot>min(-1)) completed three trials in an air- conditioned laboratory. In Trial 1, cyclists completed two incremental cycling tests to establish the (sic)O2- power output relationship and (sic)O-2max. In trials 2 and 3, cyclists were evaluated for heart rate and HRV at rest, after which they ingested a capsule containing 5 mg<middle dot>kg(-1) of caffeine or placebo. Thirty-five minutes post-supplementation, additional resting heart rate and HRV readings were taken after which cyclists completed a submaximal incremental cycling test (6 min stages) at 40-80% of (sic)O-2max; with HR and HRV measurements taken in the last 5 min of each increment. HRV was determined from the root mean square of successive differences between R-R intervals. There were significant supplement x exercise intensity interactions on heart rate (p = .019) and HRV (p = .023), with post hoc tests on the latter showing that caffeine increased HRV at 40%, 50%, and 60% of (sic)O-2max by 3.6 +/- 4.9, 2.6 +/- 2.8, and 0.6 +/- 1.7 ms, respectively. There was a supplement x time interaction effect on resting HRV (p < .001), but not on heart rate (p = .351). The results of this study support the suggestion that caffeine increases the parasympathetic modulation of heart rate.