The catalytic hydrolysis of various nitrophenyl esters by 48and y-cyclodextrins (CD) in the presence of poly(sodium styrenesulfonate) (3) was investigated. In each system, on addition of 3 the hydrolysis was accelerated. It is suggested that the acceleration is enhanced with increasing contribution of the hydrophobic interaction between polymer 3 and CD and/or the phenyl ester substrate. It was found that 3 increases the concentration of both CD and the substrate in the reaction sphere, maintaining its reactivity and the ability to include the substrate into DC. It is assumed that the hydrophobic moiety is more easily formed with increasing molecular weight of .3, and has a loose domain structure. The addition of ethanol or sodium chloride was found to affect the catalytic activity of 8-CD or the conformation of the polymer chain. ~ a) Present address: Yokkaichi Research and Development Department, Mitsubishi Monsanto b, Present address: Jissen Women's University,