Complexes of the types [Ru(η 5 -C 5 H 5 )(η 4 -C 5 H 4 O)] 2 (CF 3 SO 3 ) 2 (1) and [Ru(η 5 -C 5 H 5 )(η 4 -C 5 H 4 O)(L)]CF 3 SO 3 (L ) CH 3 CN (2), pyridine (3), thiourea (4)) react with tertiary phosphines to give (i) 1,1′-( 12) or (ii) 1,2-disubstituted ruthenocenes (13) depending primarily on the basicity of the entering phosphine and the nature of L. Path i proceeds via the intermediacy of, the hapticity of the C 5 H 5 ligand is changed from η 5 to η 3 while forming an additional Ru-P bond. The η 3 bonding mode was established by 1 H and 13 C{ 1 H} NMR spectroscopies. The kinetics of these reactions were studied in detail, providing enthalpies and entropies of both activation and reaction. The conversions to 6-8 are exothermic (∆H°) -5.5 to -16.9 kcal mol -1 ) but entropically unfavorable (∆S°) -44.8 to -19.0 cal K -1 mol -1 ). The activation parameters and rate constants vary little with the phosphine, suggesting a preequilibrium between η 5 and η 3 species of the starting complexes where the latter reacts with the entering phosphine in the rate-determining step. The new η 3 -C 5 H 5 complexes are, with the exception of 5, fluxional in solution due to an intramolecular enantiomeric equilibrium likely proceeding through a five-coordinate η 1 -C 5 H 5 intermediate. Path ii proceeds via η 3 -cyclopentenoyl complexes of the type [Ru(η 5 -C 5 H 5 )(η 3 -C 5 H 4 O-2-PR 3 )(L)] + (9-11). Furthermore, 3 and 4 react with small and basic phosphines PR 3 ) PMe 3 and Me 2 PCH 2 PMe 2 to give the half-sandwich complexes [Ru(η 5 -C 5 H 4 OH)(PR 3 ) 2 L] + (14, 15) together with free C 5 H 4 PR 3 (16).