Eight core asphalts and eleven other asphalts selected for study in the Strategic Highway Research Program have been separated into two or more fractions by means of preparative size-exclusion chromatography. The first fraction obtained by this technique is believed to consist of materials that form associations and correspond roughly to asphalt dispersed phases. This phase is polar, aromatic, and of high apparent molecular weight. Subsequent fractions obtained by size exclusion chromatography of the asphalts are of progressively lower molecular weight. When the asphalts were separated into nine fractions, the weights of each fraction were plotted versus elution volume to give distinctive bimodal chromatograms, with one exception.