Release of masking for a sinusoidal signal of 5 kHz masked by a 25-Hz-wide noise band centered around 5 kHz was measured. The masking release was provided by a second noise band that was comodulated with the on-frequency masker band. For CMR configurations the second noise band was centered at 3 kHz and presented to the ipsi-lateral or to the contra-lateral ear. For BMLD configurations the second band was centered at 5 kHz and presented to the contra-lateral ear. In another condition the second noise band also contained the signal presented with such a phase that maximal differences in the envelope resulted. For both the CMR and the BMLD paradigm, the masking release for the latter condition was larger than for the former condition. To assess further the similarity between monaural and binaural masking release, a sinusoidal masker and either a noise or a sinusoidal signal were used. The data indicate that, at high frequencies, envelope correlation may be a valuable cue for CMR as well as for the BMLD.