Catalytic activity of Mn(III) and Fe(III) complexes of meso-tetra( n-propyl)porphyrin, MnT( n-Pr)P(X) and FeT( n-Pr)P(X) (X = Cl, SCN, OAc) in oxidation of olefins with tetra- n-butylammonium periodate at room temperature has been studied. The influence of different parameters including the molar ratio of catalyst to imidazole, type of counter ion (X) and oxidative stability of metalloporphyrins on the efficiency of the catalysts was investigated. The results of competitive oxidation of cis- and trans-stilbene suggest the presence of a high-valent Mn-oxo as the predominant oxidant species in equilibrium with a six coordinate complex, MnT( n-Pr)P(ImH)(IO 4) in the case of MnT( n-Pr)P(OAc). An unusual preference for trans-stilbene over cis-stilbene was observed in the reaction catalyzed by FeT( n-Pr)P(OAc). Control reaction indicated a significant cis- to trans-isomerization (81%) in oxidation of cis-stilbene catalyzed by FeT( n-Pr)P(OAc) which may explain the observed unusual cis to trans-stilbene oxide ratio. While oxidation of cyclooctene and styrene led to the exclusive formation of the corresponding epoxides, oxidation of cyclohexene gave 2-cyclohexe-1-ol and cyclohexene oxide as the products. However, the results of this study clearly demonstrate the key role played by the group substituted at the meso positions of metalloporphyrins on their catalytic activity, apart from the electron-donating or electron-withdrawing properties of the substituents.