in aqueous ethanol was investigated. It was found that fluorescence quenching of dissociated (in water) and undissociated (in ethanol) forms of H 2 TSPP was diffusion-controlled and occurred at distances close to contact ones (0.5-0.8 nm). Fluorescence of the dissociated form of H 2 TSPP was quenched with rate constant k S that was 1.7 times greater than that of the undissociated form. It was proposed that this was due to a decrease in the porphyrin molecule oxidation potential on going from the undissociated to the dissociated form. It was shown that the most probable reason for the dramatic increase in the rate constant of the fluorescence quenching of H 2 TMPyP in water compared with that of H 2 TSPP was the low-lying intramolecular chargetransfer state typical of H 2 TMPyP.Introduction. Water-soluble tetrapyrroles are some of the most interesting compounds of this large class. This is due to their wide application in medicine, biology, and industry as drugs, catalysts, inhibitors, and sensitizers of various reactions [1, 2]. Water-soluble tetrapyrroles have several properties that differentiate them from their hydrophobic analogs [2-4] because compounds of this class have ionizable peripheral substituents and can be salts of acids or bases. Therefore, solutions contain simultaneously the tetrapyrroles themselves and the excess of protons or counterions. Depending on the conditions, the counterions either dissociate or form ion pairs with the tetrapyrrole macrocycles [3]. Electronic absorption and vibrational spectra in addition to rate constants of intramolecular transitions change markedly as a result of intermolecular interaction of the tetrapyrrole with its own counterions [3,4]. Fluorescence quenching of tetrapyrroles by oxygen has been studied in detail [5,6]. However, the role of structural features of the water-soluble tetrapyrroles that are due to the peripheral ionizable substituents has not yet been studied.The effect of structural features of water-soluble tetrapyrroles on quenching of their triplet states by molecular oxygen has been reported [7]. Herein we continue this study by investigating quenching by molecular oxygen of fluorescence of two differently charged water-soluble porphyrins in aqueous ethanol solutions. The relationship between the oxidation potential E ox of the porphyrin and the fluorescence quenching rate constant k S is analyzed. The effect of the lowlying intramolecular charge-transfer (CT) state in the porphyrin on the fluorescence quenching rate constant is investigated.Experimental. We studied H 2 TMPyP and the tetratosylate tetrasodium salt H 2 TSPP: