A commercial AA1070 alloy for electrical wire is severely deformed by drawing process in which a rod with an initial diameter of 9mm into is reduced to a wire of 2mm diameter. The drawn AA1070 wire is then annealed at various temperatures from 200 to 450 oC for 2h. Changes in microstructure, mechanical properties and electrical properties of the specimens with annealing temperature are investigated in detail. The specimen begins partially to recrystallize at 250 oC; above 300 oC it is covered with equiaxed recrystallized grains over all regions. Fiber textures of {110}<111> and {112}<111> components are mainly developed, and {110}<001> texture is partially developed as well. The tensile strength tends to decrease with annealing temperature due to the occurrence of recovery or/and recrystallization. On the other hand, the elongation of the annealed wire increases with the annealing temperature, and reaches a maximum value of 33.3 % at 300 oC. Electric conductivity of the specimens increases with annealing temperature, and reaches a maximum value of 62.6%IACS after annealing at 450 oC. These results are discussed in comparison with those for the other aluminum alloy.