Inclusion complex formation of 4-hydroxy-3-methoxybenzoic acid (HMBA) and 4-hydroxy-3,5-dimethoxybenzoic acid (HDMBA) with α-CD, β-CD, HP-α-CD and HP-β-CD were studied by absorption, steady state fluorescence, time resolved fluorescence, FT-IR, (1)H NMR and molecular modeling methods. The effect of