The influence of aging on the microstructure and mechanical properties of Cu-11.6wt%Al-3.9wt%Ni-2.5wt%Mn shape memory alloy (SMA) was studied by means of scanning electron microscopy (SEM), transmission electron microscopy (TEM), X-ray diffractometer, and differential scanning calorimeter (DSC). Experimental results show that bainite, γ_2, and α phase precipitates occur with the aging effect in the alloy. After aging at 300dgC, the bainitic precipitates appear at the early stages of aging, while the precipitates of γ₂ phase are observed for a longer aging time. When the aging temperature increases, the bainite gradually evolves into γ₂ phase and equilibrium α phase (bcc) precipitates from the remaining parent phase. Thus, the bainite, γ₂, and α phases appear, while the martensite phase disappears progressively in the alloy. The bainitic precipitates decrease the reverse transformation temperature while the γ₂ phase precipitates increase these temperatures with a decrease of solute content in the retained parent phase. On the other hand, these precipitations cause an increasing in hardness of the alloy.