By means of superplastic tensile test above the Ac1 temperature (γ→α transformation temperature), superplastic deformation activation energy of ultrafine-grained commercial die steel CrWMn is investigated on the basis of the Arrhenius theory equation, exp( / ) 1 ε& = Aσ m −Q RT , which indicates the resistance of the superplastic deformation. According to the Arrhenius equation, the activation energy is estimated from the log σt vs 1/T relationship at a constant of sensitivity index of strain rate. The results show that the strain rate sensitivity index is a constant and rather high at the conditions of superplastic deformation for the CrWMn steel, the activation energy for superplastic deformation of steel CrWMn above the critical temperature is 187KJ/mol, and the superplastic deformation activation energy is approached to the grain boundary diffusion activation energy of γ-Fe. This indicates that the grain boundary sliding (GBS) in superplastic deformation of CrWMn steel is controlled by grain boundary diffusion. The characters of superplastic deformation of the steel above the critical temperature, on the other hand, are also analyzed in this paper.