Physical properties of the Sm 1−x Tb x Ni 4 B (0 ≤ x ≤ 0.8) compounds have been investigated by means of the X-ray powder diffraction, AC-susceptibility and DCmagnetization techniques. All the compounds studied crystallize in CeCo 4 B-type structure with P6/mmm space group. The substitution of Tb for Sm leads to a decrease of the unitcell parameters a, c and the unit-cell volume V . The magnetic phase transition temperatures are found as 39, 30, 26, 22 and 15 K, for x = 0, 0.2, 0.4, 0.6 and 0.8, respectively. In addition, we have seen the second magnetic phase transition around 230 K, at the ac-susceptibility results. We have concluded that this behavior may arise from the Tb-Tb interaction in crystal structure.