Keywords: Polymethylaluminoxane (MAO) / Group 4 metallocene derivatives / Olefin polymerization / Cocatalysis / Transfer-epimetallationIn the polymerization of olefins with Group 4 metallocene dichlorides or dimethyl derivatives as procatalysts the use of polymethylaluminoxane (MAO) as the cocatalyst, especially in extreme excess (10 2 -10 3 times the metallocene equivalent), has been shown to have an extraordinary accelerating effect on the rate of olefin polymerization, when compared with the cocatalytic action of alkylaluminum halides. In attempts at explaining the greatly superior catalytic activity of MAO in olefin polymerization (the MAO conundrum), hypotheses have generally paralleled the steps involved in the cocatalytic action of R n AlCl 3-n , namely the alkylation of , with greater (Ti) or lesser (Zr) ease, because an alkyne such as diphenylacetylene was then found to insert into the M t -CH 3 bond stereoselectively. In striking contrast, treatment of each metallocene with MAO gave two reactions very different from MeAlCl 2 , namely a steady evolution of methane gas upon mixing and a finding upon hydrolytic workup that the diphenylacetylene present had undergone no insertion into the M t -CH 3 bond but instead had been reductively dimerized completely to (E,E)-1,2,3,4-tetraphenyl-1,3-butadiene. To account for this astonishing difference in chemical behavior between MAO and MeAlCl 2 in their cocatalytic activation of Group 4 metallocenes to olefin polymerization, it is