We say that the limit of a sequence of functions
is the iterated exponential function, denoted by

.
By a result of Barrow, this limit is convergent for every
![$x\in[e^{-e}, e^{1/e}]$](img4.svg)
.
In this paper, we prove that, for each fixed integer

,
the limit

is transcendental
for all but finitely many algebraic numbers
![$A\in[e^{-e}, e^{1/e}]$](img7.svg)
with

.
Furthermore, let

be the cardinality of exceptional points

. We prove that the ratio

approaches

as

, where

denotes Euler's totient function.