An extension of ML with continuation primitives similar to those found in Scheme is considered. A number of alternative type systems are discussed, and several programming examples are given. A continuation-based operational semantics is defined for a small, purely functional, language, and the soundness of the Damas-Milner polymorphic type assignment system with respect to this semantics is proved. The full Damas-Milner type system is shown to be unsound in the presence of first-class continuations. Restrictions on polymorphism similar to those introduced in connection with reference types are shown to suffice for soundness.