A novel ether connected epoxy star like polymer was synthesized by selective reaction of water soluble polyhydroxy fullerene (fullerenol) with a commercial grade cycloaliphatic epoxy resin (CY-230, Ciba Geigy) in heterogeneous medium at ambient alkaline condition using tetrabutyl ammonium hydroxide as phase transfer catalyst. The reaction went well in such conditions and the hydroxy groups of fullerenol underwent selective nucleophilic addition reaction with polar carbonyl groups of the epoxy resin with the formation of a hemiketal. The progress of the reaction was monitored by FTIR analysis of the product formed. The disappearance of characteristic FTIR bands of fullerenol (at 1593.2, 1381.2, and 1068 cm(-1)) and the typical carbonyl peak (at 1725 cm(-1)) of parent epoxy resin and also changes of broad hydroxy peak (at 3431 cm(-1)) of fullerenol into a sharp peak (at 3396.6 cm(-1), indicating reduced hydrophilicity) in the reaction product clearly demonstrated the chemical attachment of the epoxy units to the fullerene core. Multiple epoxy units (about 8-10) were attached to fullerene core. Non-reactivity of fullerenol towards DGEBA epoxy resin (LY 556 Ciba Geigy) in similar conditions further supports our result. The thermal proper-ties of the product were influenced by the presence of fullerenol and exhibits higher thermal stability compared to parent epoxy. A probable reaction mechanism for the reaction has also been discussed. (C) 2003 Elsevier Science Ltd. All rights reserved.