Kinetics of the hydrolysis of [Fe(tptz)2]2+ in the presence of NaOH has been studied in two different types of micellar media: SDS anionic and CTAB cationic. The reaction was found to be much faster in both the micellar media compared to aqueous medium (kSDS = 102.2 X10-4 mol-1dm3s-1, kCTAB = 43.92 X 10-4 mol-1dm3s-1, kaq = 0.115 X10-4 mol-1dm3s-1). The reaction obeys first order kinetics with respect to both the reactants in both the media. The rate constant versus surfactant profile shows a maximum in both cases which is characteristic of a bimolecular micelle catalyzed reaction. The kinetic behaviour has been accounted for by using the Berezin model.