Reaction of dilithio‐o‐carborane Li2C2B10H10 (generated in situ from o‐carborane 1 and butyllithium) with the 1, 2‐diborylbenzene derivative 1, 2‐C6H4(iPr2NBCl)2 yielded the o‐carborane compound 3 having the fused exo‐polyhedral C2B2C2 heterocycle. The analogous reactions with 1, 1‐bis(dimethylaminochloroboryl)ethane and with 1, 3‐dichloro‐1, 2,3‐tris(dimethylamino)triborane(5) afforded the o‐carborane compounds 5 and 7 containing the fused exo‐polyhedral five‐membered C2B2C and C2B3 rings, respectively. Attempts to use 1, 2‐dichloro‐1, 2‐bis(dimethylamino)diborane(4) for the synthesis of the o‐carborane compound 10 with a fused exo‐polyhedral C2B2 ring instead led to the diborane(4)yl‐o‐carborane species 9c and 9d (the latter in trace amount), which contain a diborane(4)yl moiety bonded to the o‐carborane. The molecular compositions of the new o‐carborane derivatives follow from NMR spectroscopic and mass spectrometric data as well as from X‐ray diffraction analyses of 3, 7 and 9c. The structures exhibit weak intramolecular C–H···H–B hydrogen‐hydrogen interactions.