The reactivity of verbenone epoxide (5), a terpenoid from the pinane series, towards different aliphatic and aromatic aldehydes in the presence of natural montmorillonite (askanite-bentonite) clay has been studied. A series of mechanistically different transformations afforded a number of new, optically active, polyfunctional compounds (7, 8, 10 -14, 16). These products are potentially interesting synthons in asymmetric synthesis.Introduction. -Oxygen-containing monoterpenes from the pinane series are commercially available compounds of high optical purity, and may serve as precursors of biologically active compounds [1] and intermediates in asymmetric synthesis [2]. In acidic media, they generally easily undergo numerous transformations, affording complex mixtures of products [3]. As shown previously, the natural montmorillonite clay askanite-bentonite and its synthetic analog K-10 can be used as catalysts for the transformation of pinane terpenoids, which facilitates the synthetic procedure and improves the ecological aspects of such chemical processes. Moreover, the use of clays also occasionally allows the selective synthesis of complex products. For example, the reaction of a-pinene epoxide (1) with aliphatic or aromatic aldehydes gave the new polyheterocyclic compounds 2 and 3 [4] (Scheme 1).