Abstract: A rhenium heptoxide supported on alumina catalyst is prepared by digesting the alumina support with an aqueous solution of ammonium phosphate, ammonium dihydrogen phosphate or diammonium hydrogen phosphate at a temperature in the range ambient to the boiling point of the solution, separating the treated alumina by for example sieving and loading the treated alumina with between 1 and 15% by weight of rhenium heptoxide. The catalyst prepared in this manner is active for the disproportionation of olefinic hydrocarbons.