Wittig–Horner reagents (1a–e) react with 1,3‐dioxo‐Δ2,α‐indanmalononitrile (2) to give the phosphonate adducts 3, 4, 5, 6, and 7, respectively. Structural reasoning for the new products was based on compatible analytical and spectral data (IR, 1H, 31P NMR, and MS). The mechanism that accounts for the formation of the new adducts is discussed. © 1997 John Wiley & Sons, Inc. Heteroatom Chem 8: 253–257, 1997.