The rheological behaviour of a 58 vol.% dispersion of styrene/acrylate particles in ethylene glycol was investigated using a plate-on-plate rheometer. Experimental results showed that the concentrated polymer dispersion exhibited a strong shear-thickening transition under both steady shear and dynamic oscillatory conditions. The low-frequency dynamic oscillatory behaviour could be reasonably interpreted in terms of the steady shear behaviour. Accordingly, the critical dynamic shear rate (gamma) over dot(c=d), agreed well with the critical shear rate obtained in steady flow (gamma) over dot(c=s); where (gamma) over dot(c=d) was calculated as the maximum shear rate by the critical dynamic shear strain cc and the frequency x, i.e. (gamma) over dot(c=d) = omega gamma(c) However, during high-frequency dynamic oscillation, it was observed that the shear thickening occurred only when an apparent critical shear strain was reached, which could not be fully explained by the wall-slipping effect. Based on freeze fracture microscopic observations, the effect of the micro-sized flocculation of particles on the rheology of concentrated dispersions was also discussed.