Spectrophotometric assays of esterases are sensitive, rapid, and quite specific when thioester substrates are used. Glycerophospholipids with thiophosphoester bonds may be useful as substrates for phospholipase C (EC 3.1.4.3). These have been made from mercaptoglycerol and mercaptoethanol. The thiols were oxidized to disulfides, acylated, and reduced with dithiothreitol. Phosphocholine derivatives were made by the classical methods for oxyphosphoesters. The phosphatidyl choline analogue was converted to the phosphatidyl ethanolamine analogue by transphosphatidylation with cabbage phospholipase D and ethanolamine. Structures were proved with enzymic hydrolysis, infrared spectra, TLC behavior, and elemental analyses. The synthesized compounds were rac-1- S-phosphocholine-2,3- O-didecanoyl-1-mercapto-2,3-propanediol, 1- S-phosphoethanolamine-2,3- O-didecanoyl-1-mercapto-2,3-propanediol, and 1- S-phosphocholine-2- O-hexadecanoyl-1-mercapto-2-ethanol.