Magnetization measurements of the European eel Anguilla anguilla demonstrated the presence of magnetic material concentrated in the region of the mandibular canals of the lateral line system. The data suggest that the material is magnetite, has a size suitable for magnetoreception and is of biogenic origin. The presence of magnetic particles in the lateral line system is discussed in relation to their possible role in allowing the fish to orientate with respect to the geomagnetic field during their extensive oceanic spawning migrations.