The mangrove rhizosphere environments are unique due to the hypersline and alkaline environment they offer. Also, mangrove rhizosphere has enormous diversity of all aerobic as well as facultative anaerobic bacteria. The isolates of the exotoxin producing Bacillus spp were obtained randomly from mangrove rhizosphere of Ratnagiri district on the west coast of India. The research in this regards was carried out with three unknown strains isolated from the mangrove rhizospheres. The biochemical analysis of these three stains was performed so as to identify them up to genus level. The organisms were grown on skimmed milk agar and egg yolk agar. The strains showed all three proteolytic, hemolytic and phospolytic activity. The Strains also showed fibrinolytic activity on blood clots. The isolates were found to be potent exotoxin producers. The nature and characters of these exotoxins has much similarity with known strains. The presence of these exotoxins might be able to indicate their survival in highly alkaline and hypersaline conditions.