Abstract: There is disclosed a method of preparing benzyl metal compounds represented by general formula (2), comprising reacting a phenyl metal compound represented by general formula (1) with toluene, in the presence of a catalytic amount of amine. According to this method, benzyl metal compounds can be prepared at a high yield, and in an industrially advantageous manner. Further, there is also disclosed a method of preparing 4-phenyl-1-butenes, comprising reacting the benzyl metal compound obtained in the method, with an allyl halide. ##STR1## wherein M represents an alkali metal, ##STR2## wherein M has the same meaning as the above.