1‐Indanols and 1‐tetralols 8 with alkenyl substituents in the 1‐position have been converted into the corresponding 1‐hydroperoxides 9 by substitution under neutral conditions. Ozonolysis of the products gave rise to the formation of spiro‐1,2‐dioxolane and spiro‐1,2‐dioxane hydroperoxides 12. Alternative treatment of these 1‐indanols and 1‐tetralols 8 with hydrogen peroxide under acidic conditions caused substitution and hydroperoxide rearrangement to yield chroman‐2‐yl hydroperoxides 16 or open‐chain unsaturated geminal bis‐hydroperoxides 21. Ozonolysis of these products resulted in the formation of novel spiro‐chromanes 18 and 20 with two oxygen atoms in the second ring or 3,5‐bis(hydroperoxy)‐1,2‐dioxolanes or 3,6‐bis(hydroperoxy)‐1,2‐dioxanes 23, respectively. All the products showed feeble antimalaria activity against chloroquine‐resistant plasmodium falciparum. (© Wiley‐VCH Verlag GmbH & Co. KGaA, 69451 Weinheim, Germany, 2006)