In this paper we continue our study, begun in [5], of the connection between ultraproducts and saturated structures. IfDis an ultrafilter over a setI, andis a structure, the ultrapower ofmoduloDis denoted byD-prod. The ultrapower is important because it is a method of constructing structures which are elementarily equivalent to a given structure. Our ultimate aim is to find out what kinds of structure are ultrapowers of. We made a beginning in [5] by proving that, assuming the generalized continuum hypothesis, for (...) each cardinalαthere is an ultrafilterDover a set of powerαsuch that for all structures,D-prodisα+-saturated. (shrink)