The superaustenitic stainless steel ASTM A 744 Gr. CN3MN (22Cr-25Ni-7Mo-0.2N) has as mainly characteristic high corrosion resistance in severe environment. As the corrosion resistance depends on the microstructure, it was investigated the phase transformations after a solution treatment at 1200°C. Thermocalc calculation for 53Fe-25Ni-22Cr alloy indicates austenitic phase between 1300 and 800°C and austenite + sigma phase below 800°C. The as-cast steel studied presented 2.7 % of precipitates volume fraction and the precipitates were located on the grain boundaries and inside the austenitic grains. X-ray diffraction confirmed the presence of sigma phase in as-cast sample. Scanning electron microscopy showed that the level of Cr and Mo was higher in the precipitates than in the austenitic matrix and the Ni content was higher in matrix compared to precipitates. After heating at 1200°C during 90 minutes, the precipitate volume fraction was reduced to 2.1 % and the grain boundaries precipitates were dissolved. The microstructural analyses made through transmission electron microscopy and X-ray diffraction showed the presence sigma phase and M6C carbide.