Ion-exchange resin (HBTE-II) was synthesized by polycondensation in the presence of polyphosphoric acid as a catalyst using monomers p-hydroxybenzaldehyde (0.2 M), thiourea (0.1 M) and ethylene glycol (0.4 M) at 120 0 C. The terpolymer resin was characterized by elemental analysis, the number average molecular weight, UV-Visible, IR and 1 H NMR spectrum. Chelating ion-exchange properties of this copolymer were studied for Bi 3+ , Sb 3+ , Zn 2+ and Mg 2+ ions. A batch equilibrium method was employed in the study of the selectivity of metal ion uptake involving the measurements of the distribution of a given metal ion between the polymer sample and a solution containing the metal ion. The study was carried out over a wide pH range and in media of various ionic strengths. The metal ions were estimated spectrophotometrically. The HBTE-II terpolymer resin was found to be selective chelating ion-exchange resin for Sb 3+ , Bi 3+ and Zn
2+.