We report novel photochemistry derived from (η 5 -C 5 H 5 )Mn(CO) 3 (1a), (η 5 -C 5 H 4 Me)Mn(CO) 3 (1b), (η 5 -C 5 Me 5 )Mn(CO) 3 (1c), and (η 5 -indenyl)Mn(CO) 3 (1d). Photolysis (>261 nm, 1 h) of the parent tricarbonyl (1a−d), matrix isolated in argon at 10 K, yields two species: the expected singlet dicarbonyl 1 (η 5 -L)Mn(CO) 2 ( 1 2a−d) and an additional compound assigned as the triplet dicarbonyl 3 (η 5 -L)Mn(CO) 2 ( 3 2a−d). Density functional theory calculations (B3LYP/LANL2DZ) support the structural assignments for 1 2 and 3 2. Natural bond orbital population analyses of 1 2a and 3 2a explain the source of the large coupling (Δν CO 153 cm −1 ) between the carbonyl stretching vibrations in 3 2a. The triplet isomer ( 3 2) is metastable, even at temperatures as low as 10 K. We determined the rate constants for the thermal isomerization 3 2 → 1 2 using dispersive kinetic analysis. As revealed by these rate constants, the triplet complexes display the following order of stability in this system: Ind ≫ Cp ≈ Cp′ > Cp*. The spectroscopy and kinetics observed in various matrices (Ar, CH 4 , and Xe) do not differ appreciably. Experimental and computational results suggest that the singlet−triplet energy gap (ΔE ST ) of CpMn(CO) 2 (2a) must be smaller than previous estimates.