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We wish to report a new living free-radical polymerization of exceptional effectiveness and versatility. 1 The living character is conferred by a readily available class of organic reagents (1) and is simple to perform. The mechanism involves Reversible Addition-Fragmentation chain Transfer, and we have designated the process the RAFT polymerization. What distinguishes RAFT polymerization from all other methods of controlled/living free-radical polymerization is that it can be used with a wide range of monomers and reaction conditions and in each case it provides controlled molecular weight polymers with very narrow polydispersities (usually< 1.2; sometimes< 1.1). Living polymerization processes offer many benefits. These include the ability to control molecular weight and polydispersity and to prepare block copolymers and other polymers of complex architecturesmaterials which are not readily synthesized using other methodologies. Therefore, one can understand the current drive to develop a truly effective process which would combine the virtues of living polymerization with versatility and convenience of free-radical polymerization. 2-4 However, existing processes described under the banner “living free-radical polymerization” suffer from a number of disadvantages. In particular, they may be applicable to only a limited range of monomers, require reagents that are expensive or difficult to remove, require special polymerization conditions (eg high reaction temperatures), and/or show sensitivity to acid or protic monomers. These factors have provided the impetus to search for new and better methods. There are three principal mechanisms …