A memory system including: a memory device; an ECC system installed in the memory device so as to generate a warning signal in case there are uncorrectable errors; an address generating circuit for generating internal addresses in place of bad area addresses in accordance with the waning signal, the progressing of the internal addresses being selected as to avoid address collision with the address progressing of the memory device at least at the beginning; and a CAM for storing the internal addresses as substitutive area addresses, the CAM being referred to at an access time of the memory device so as to generate the substitutive area addresses in place of the bad area addresses in accordance with the warning signal.