Abstract: This invention relates to a polyester composition comprisinga) a polyester having repeat units from terephthalic acid and 1,4-cyclohexane dimethanol, said polyester having an I.V. of 0.5-2.0 g/dL, andb) about 1-10% by weight of the total composition of an ether compound having the formulawherein R and R' having from about 1 to about 30 carbon atoms are univalent hydrocarbon radicals, A and A' having from about 6 to about 18 carbon atoms are aromatic radicals, and --X-- is a chemical bond or divalent coupling radical.

Abstract: Disclosed is a polyester composition comprising (a) 100 parts by weight of an aromatic polyester; (b) 0.005-10 parts by weight of an epoxy compound of the formula (I): ##STR1## (wherein Ar means C.sub.6 -C.sub.20 aromatic group or C.sub.6 l-C.sub.20 alicyclic group, n means an integer of 0-20); and (c) 1-70 parts by weight of at least one elastomer which has at least one functional group selected from the group consisting of epoxy groups, carboxyl group, carboxylate ester groups, carboxylic acid amide groups, acid anhydride group, imide groups, carboxylate salt groups, hydroxyl group, amino group and cyano group, the elastomer having a tensile modulus of 1-6,000 kg/cm.sup.2. The polyester resin composition of the present invention can easily be molded and the obtained molded article excells in mechanical properties such as impact strength.