An amphiphilic alicyclic polymer having γ-hydroxy acid structure has been developed by reduction of poly(5-methylenebicyclo[2,2,1]-2-heptene)-co-(maleic anhydride). This polymer exhibits moderate transparency at 193 nm and good alkali solubility. A two-component negative resist system, consisting of the polymer and an onium salt, produces sub-micrometer patterns without swelling distortion by using an ArF excimer laser stepper. Infrared spectroscopy shows that the insolubilization reaction is mainly intramolecular esterification of γ-hydroxy acid to γ-lactone. The swelling distortion of sub-micrometer patterns can thus be avoided by drastically decreasing the number of carboxyl groups in the exposed area.