Nuclear magnetic resonance (NMR) is an analytical tool used by chemists and physicians to study the structure and dynamics of molecules. In recent years, no other technique has grown to such importance as NMR spectroscopy. It is used in all branches of science where precise structural determination is required and where the nature of interactions and reactions in solution is being studied. Annual Reports on NMR has established itself as a premier means for the specialist and nonspecialist alike to become familiar with new techniques and applications of NMR spectroscopy. Volume 49 continues the tradition with contributions on: novel applications of dynamic NMR in organic chemistry; principles and unconventional aspects of NMR diffusometry; density functional theory and its application to NMR sheilding constants; NMR studies of lac operator lac repressor; and intramolecular interactions of polyethers and polysulphides, investigated by NMR, Ab Initio molecular orbital calculations and the rotational isomeric state scheme.