Both Ru,(CO),, and [H,Ru,(CO),,] react rapidly with cyclopentadiene in the absence of oxygen to yield [RuH(CO),(q-C,H,)],(11; M = Ru), quantitatively, characterised in part via high-yield conversion into [RuH(CO)(PPh,) (q-C5H5)]. In the presence of oxygen [{Ru(CO),(q-C5H5)},], (111; M = Ru), is obtained in ca. 70% yield. The complex [Ru(CO),(q-C,H,)],( I ; M = Ru), has been isolated and shown to be a direct precursor of (11). Treatment of ( I ; M = Ru) with [Ph,C] [BF,] gives [Ru(CO),(q-C5H5)] [BF,], while triphenylphosphine displaces C5H6 forming [Ru(CO),(PPh,),]. Carbonylation (1 00 atm) of [RuH(CO) (PPh,) (q-C5H5)] in the presence of Et,O.BF, gives [Ru(CO),(PPh,) (-q-C5H5)] [BF,] in high yield. A minor product of the reaction of Ru,(CO),, and C5H6 is tentatively identified as [ R U , H ( C O ) ~( ~~-C ~H ~) ] , (IV) ; a related fluxional osmium complex, [Os,H,(CO),(q2-C5H4)],is obtained on treating [H20s3(CO),,] with C5H6. Low-yield formation of ( I ; M = 0 s ) and (11; M = 0 s ) from reaction of Os,(CO),,, [H,Os,(CO),,],or [H,Os(CO),] with C5H6 is described.IT has been suggested 1,2 that the reaction of iron pentacarbonyl with cyclopentadiene proceeds to the observed product [{Fe(CO),(q-C,H,)},], (111; M = Fe),, via intermediate ?-C,H, and q-C,H, iron complexes, as shown in the Scheme. This is now generally accepted, following the subsequent isolation of [Fe(CO),(q-C,H,)], ( I ; M =