The oxidative degradation of the contracted carbaporphyrinoid 3,8,13,18-tetraphenyldithiaethyneporphyrin, which contains an acetylene moiety embedded in the macrocyclic framework, was investigated. The light-induced, regioselective cleavage of the macrocyclic ring was observed during exposure to dioxygen affording four open-chain diastereomers terminated by carbonyl groups. Studies on the regioselectivity of the process showed that the thiophene was cleft together with the 8-aryl substituent, which proved the primary attack of dioxygen at the C8-C9 bond. Diastereomers {4Z,10E}, {4Z,10Z}, {4E,10E}, and {4E,10Z} [the arrangement with respect to C4-C5 and C10···C13 conjugated bonds given] differ by the orientation of the terminal pyrro-