That processes of interpretation are unavoidable in any educational experience has not received serious attention in teaching and teacher education. One of the authors devised an exercise for her graduate class to help them understand practical aspects of hermeneutic theory in connection with rationality, truth and the nature of teaching and learning. The three co-authors, each from a different cultural background, monitored and described their experiences of this exercise in order to explore the role of interpretation in teaching and learning. The students' interpretive activity was found to link subject matter to their past experience, reconstructing both. This process is described in detail and it is suggested that curricular spaces for interpretation be deliberately incorporated into teaching and learning situations. (Contains 5 notes.)