Cope rearrangement mechanisms and the homoaromaticity of semibullvalene, barbaralane, and 1,5-methanosemibullvalene in the ground and lowest excited states were studied by ab initio methods. In the ground state, the rearrangement reactions of semibullvalene and barbaralane occurred concertedly through the transition states with C 2v symmetry, and the transition states had a homoaromatic nature. In particular, the transition state of barbaralane exhibited the strongest homoaromaticity among the three systems treated here. On the other hand, for 7,8-methanosemibullvalene, the structure with C 2v symmetry was not a transition state but one with a stable energy minimum. The energy minimum structure with C 2v symmetry had a biradical character. The lowest excited states of semibullvalene and barbaralane were the excitation to the s* anti-orbital, 1 B 2 and 1 B 1 states, and led to near di-allyl states. The lowest excitation state of 1,5-methanosemibullvalene had C s symmetry and was the A 00 state excitation in one side of two allyl parts. Figure 4. Potential energies diagram of the reactions of barbaralane. The units are kcal/mol. The values in square are vertical excitation energies COPE REARRANGEMENT AND HOMOAROMATICITY