Probable correlation between hematological and some serum biocheinical parameters with parasitemia rate and hemolysis in cattle infected by Theileria annulata was determined. Two groups including 10 uninfected cattle and 50 infected cattle by Theileria annulata were selected. Infected animals were divided in 4 subgroups with different parasitemia rates (<1 %, 1-3%, 3-5% and >5%). Hematological, some serum biochemical parameters, mean cell fragility (MCF), and superoxide dismutase (SOD) were measured in all animals. All hematological parameters showed significant differences between non-infected and infected animals with parasitemia rate above 1%. In parasitemia rates below 1%, only SOD showed significant difference (P<0.001). In infected cattle, negative significant correlations were observed between parasitemia rate and RBC (r=-0.906), Hb (r=-0.916), PCV(r=-0.932), and SOD (r=-0.909). Positive correlations (p<0.001) were observed between parasitemia rate and MCR (r=0.534), MCHC (r=0.455), LDH (r=0.898) and erythrocyte osmotic fragility (r=0.912). All serum biochemical parameters (total protein, albumin, total globulin, blood urea nitrogen, creatinin, total bilirubin, AST, CK, GGT, and amylase) showed significant differences between non-infected and infected animals especially with parasitemia rate above 5%. In infected cattle, a positive significant correlation (p<0.01) was observed between parasitemia rate and total bilirubin (r=0.420). There were no correlations between other serum biochemical parameters and parasitemia rate. A positive significant correlation was observed between parasitemia rate and hemolysis. SOD activity and oxidative damage of erythrocytes had a close relationship with the anemia in bovine theileriosis due to Theileria annulata.