Amino‐ and methyl‐disubstituted derivatives of an aromatic 12π electron pyrrole homologue Möbius 1H‐aza[11]annulene are predicted computationally at the B3LYP/6‐31G* level of theory to be distinctly aromatic and a neutral ground state on its potential surface. The parent annulene has a nonaromatic conformation, which is 6.0 kcal mol–1 lower in energy at the CCSD(T)/D95*//B3LYP/6‐31G* level of theory than a structurally very similar Möbius conformation. After derivatization, however, geometry optimizations of the two lowest‐energy – Möbius and non‐Möbius – heteroannulene conformations both converged two a single Möbius minimum, whereas two (Möbius and non‐Möbius) distinct difluoro‐ substituted species could be located 1.8 kcal mol–1 apart in energy at the B3LYP level. The Möbius minimum is 7.5 kcal mol–1 lower in energy at the coupled cluster level than a “Hückel topology” form derived from a known bridged 1H‐[4,9]methano[11]annulene. Several possible reactive modes are investigated in order to assess the relative stability of the Möbius parent annulene. In addition, we report formal novel examples for charged and neutral Möbius triplet aromatic annulenic and heteroannulenic systems, some of which also exhibit distinct aromatic properties. Further fundamental insights into the phenomenon of “Möbius aromaticity” are suggested. The aromaticity of Möbius annulenes is for the first time linked to wavefunction boundary conditions. (© Wiley‐VCH Verlag GmbH & Co. KGaA, 69451 Weinheim, Germany, 2008)