TPR, TPO, O-2 pulses and magnetic balance experiments have been performed to study the effect of two different aging treatments, in oxidizing atmosphere and in reducing conditions, on the redox behavior of a Ce0.68Zr0.32O2 mixed oxide. It has been observed that, although the samples resulting from both treatments have similar textural properties, their redox behavior is significantly different. In particular, aging in H-2 improves the oxygen storage capacity (OSC) at low temperatures by decreasing the temperature at which reduction takes place. Also, the oxygen buffering capacity (OBC) is enhanced after aging under reducing conditions. Ln addition, the study of the re-oxidation of the samples reveals that the rate of the O-2 uptake increases if compared with the fresh sample or that aged in air. High resolution electron microscopy and Raman spectroscopy data have also been used to obtain information on the possible origin of such effects.