Abstract: A catalyst composition comprising on weight basis the following components: a) 30 to 99.5% of at least one intergrowth molecular sieve; b) 0 to 20% of a rare earth element or oxides thereof; c) 0 to 10% of at least one element from Group VA of the Periodic Table or oxides thereof; d) 0 to 10% of at least one element from Group IIIA of the Periodic Table or oxides thereof; e) 0 to 20% of at least one element from Group IB or IIB of the Periodic Table or oxides thereof; f) 0 to 20% of at least one element from Group IA or IIA of the Periodic Table or oxides thereof; and g) 0 to 65% of a binder, wherein the components b), c), d), e) and f) are supported on the component a), and contents of at least two of the components b), c), d), e) and f) are larger than zero, is described. A process for preparing said catalyst composition and a process for the production of olefins via catalytic cracking by using said catalyst composition are also described.