Novel telechelic poly (methyl methacrylate) having OH and COOH groups in the chain was prepared by anionic polymerization with the difunctional initiator made by the reaction betweem 4-[2-(tert-butyldimethylsiloxy)ethyl]-«-methylstyrene and sodium napththalene, followed by termination with carbon dioxide and hydrolysis of the tert-butyldimethylsiloxy group. The resulting polymer was characterized by osmometry, GPC, NMR, and potentiometric titration. OH groups were introduced quantitatively, but the number of the terminal COOH groups per molecule was 1.7 S0.1 which is less than the theoretical value, 2. The latter result was because part of the initiator was doubly charged and the rest had one charge plus a nonactive end, and/or the initiation efficiency in the reaction between the initiator and methyl methacrylate was low. The characterization assures that the multifunctionality of the polymer necessary for self-crosslinking is presented.samples were precipitated from THF solution into excesses of n-hexane and methanol, respectively. The precipitated samples were further purified by reprecipitation in benzene/n-hexane or benzene/methanol systems. The purified polymers were freezedried from the benzene solutions for 24 h.