INTRDUCTIONTelechelic polymer is a kind of linear polymers which has functional groups at the both chain ends. One of the unique characteristics of telechelic polymers is that they can be used . Note that it is necessary to remove byproduct (e.g. acetic acid) from the system to prepare the ionomer samples. For these ionomers, rather broad plateau region are observed in dynamic mechanical analysis, implying that network structure is formed. Solid-like and liquid-like viscoelastic behaviors at low and high temperature, T, respectively, observed for carboxylterminated telechelic poly(ethyrene-butylene) (CTPEB) neutralized with octadecylamine ODA prepared by melt mixing are studied in relation with the structure examined by XRD, FT-IR, DSC and small angle neutron scattering. When the mole ratio of -NH 2 and -COOH, NH 2 /COOH in CTPEB/ODA is 1.4 or higher, CTPEB/ODA was solid-like at 298K, while it was liquid-like having almost the same viscosity as CTPEB at 343K. The network structure formed at low T was easily fractured by small strain and cannot be reformed at low T. However, when the sample is annealed at 353K, cooled and kept for a few hours at T < 300K, the solid-like behavior is reproduced. It was concluded that the network formation at low T and its disappearance at high T for CTPEB/ODA is caused by non-crystalline association/ dissociation of C18 residues in ODA connected to CTPEB by ionic bond (NH 3 + COO -). Due to the small M w of CTPEB, only longer chains (~ 1/3 of total chains) connected to ODA aggregates form network structure and sustain the constant G' in this system at low T.