1‐O‐Acetyl‐2,3,5‐tri‐O‐benzyl‐4‐thio‐L‐arabino‐furanose (9) has been prepared from D‐xylose via the 1,4‐dithio‐L‐arabino‐furanoside 8. The crucial step of the reaction, i.e. the intramolecular cyclization of the open‐chain dithioacetal 5, has been achieved in a yield of 90% by applying tetrabutylammonium iodide as promoter. Reaction of 9 with bis(trimethylsilyl)uracil or ‐thymine led to the benzyl derivatives 12 and 13 from which the deprotected 4′‐thionucleoside analogues 14 and 15 have been prepared by debenzylation with boron tribromide.