The first generation of [1.1]paracyclophane (1a) and its bis(methoxycarbonyl) derivative (1b) from the corresponding bis(Dewar benzene) precursors, 3a and 3b, has been investigated. Irradiation of 3a in a glassy mixture of ether-isopentane-ethanol at 77 K leads to the formation of species exhibiting absorption extending to 450 nm, which readily undergoes secondary photolysis to give an isomer showing λ max at 244 nm. On the basis of these UV/vis spectral observations and the accompanying 1 H NMR measurement, the structures of 1a and the corresponding transannular [4 + 4] adduct (21a) are assigned to the initial and the secondary products, respectively. Compound 3b undergoes similar successive phototransformation into 1b and 21b. [1.1]Paracyclophanes, 1a and 1b, and their photoisomers, 21a and 21b, are sufficiently stable to permit the measurement of 1 H NMR spectra at low temperature, but are consumed fairly rapidly in solution at ambient temperature, defying their isolation. The results of geometrical optimization of 1a undertaken at the RHF-SCF, MP2, and B3LYP levels employing the 6-31G* basis set are also presented. Calculations indicate that 1a is a highly strained molecule, but more stable than the related isomers, 3a and 21a: the strain energy calculated for 1a is 128.1, 106.5, and 93.6 kcal/mol at the RHF/6-31G*, B3LYP/6-31G*, and MP2/6-31G* levels, respectively. The closest nonbonding interatomic distance between the aromatic rings in 1a is in a range of 2.36-2.40 Å, and the degree of bending of the benzene rings is comparable to that in [5]paracyclophane, much less as compared to that in [4]paracyclophane. Calculations also support strong transannular electronic interactions between the π-bonds of the aromatic moieties of 1a, which lead to a significantly diminished HOMO-LUMO gap as compared to that in p-xylene. The preparation of 3a and 3b from diethyl 3,6dihydroterephthalate in 15 and 11 steps, respectively, is described.