LET (X, D) BE A COMPACT METRIC SPACE AND LET K BE A COMPACT SUBSET OF X. FOR A Î (0, 1], WE DENOTE BY LIP(X, K, DA) THE COMPLEX algebra OF COMPLEX-VALUED CONTINUOUS FUNCTIONS F ON X FOR WHICH PA, K(F) = SUP (FORMOLA) < ¥. IN PARTICULAR, IF K = X, WE WRITE LIP(X, DA) AND PA (F) INSTEAD LIP(X, K, DA) AND PA,K(F), RESPECTIVELY. THE algebraS LIP(X, DA) AND LIP(X, K, DA) ARE CALLED Lipschitz algebraS AND extended Lipschitz algebraS, RESPECTIVELY. IN THIS NOTE, WE STUDY UNITAL COMPACT HOMOMORPHISMS BETWEEN extended Lipschitz algebraS AND DETERMINE THE SPECTRUM OF UNITAL COMPACT ENDOMORPHISMS OF THESE algebraS.