Phase exclusion of DNA molecules from polyethylene glycol (PEG) water-salt solutions leads to formation at room temperature of liquid-crystalline dispersions (LCD) with cholesteric and hexagonal packing of DNA molecules, determined by the osmotic pressure of the PEG solution. LCDs with cholesteric DNA packing (CLCD) have an intense negative band in the circular dichroism (CD) spectrum in the absorption region of nitrogen bases. LCD particles with hexagonal packing have no abnormal band. With increase of the solution temperature containing DNA CLCD particles, a decrease in the abnormal band in the CD spectrum is observed. Cooling of the dispersion leads not only to the restoration of the initial abnormal band, but also increases its amplitude. When the heating LCD with hexagonal DNA packing occurs, such band appears, i.e. there is the "hexagonal packing →"re-entrant"cholesteric packing phase transition. Cooling of the "re-entrant" cholesteric phase (C PEG = 240 mg ml-1) is accompanied by further increase in abnormal optical activity, whereas cooling of the dispersion formed at C PEG = 300 mg ml-1 causes decrease of the abnormal band amplitude. Consequently, equilibrium amplitude values of abnormal bands in CD spectra of these dispersion particles are realized as a result of multidirectional processes. When cooled to room temperature, the kinetic curves designating changes in the spatial structure of LCD particles with the "re-entrante" cholesteric packing of DNA molecules have a wave-like character. Comparison of these curves shows that the osmotic pressure increase of the PEG solution is accompanied by the increase of the wave-like character. Thus, the formation of the "re-entrant" cholesteric phases of DNA is determined not only by the osmotic pressure and temperature of PEG solution, but also by the average distance between DNA molecules in dispersion particles with the original hexagonal packing. Key words: liquid-crystalline ds DNA dispersion particles, circular dichroism, abnormal optical activity, cholesteric packing of ds DNA molecules, hexagonal packing of ds DNA molecules, temperature kinetics of formation of ds DNA cholesteric "re-entrant" phase, hexagonal → "re-entrant" phase of ds DNA transition.