α-Cyclodextrin, β-cyclodextrin, N-(6A-deoxy-α-cyclodextrin-6A-yl)-N′-(6A-deoxy-β-cyclodextrin-6A-yl)urea and N,N-bis(6A-deoxy-β-cyclodextrin-6A-yl)urea (αCD, βCD, 1 and 2) form inclusion complexes with E-4-tert-butylphenyl-4′-oxyazobenzene, E-3−. In aqueous solution at pH 10.0, 298.2 K and I = 0.10 mol dm−3 (NaClO4) spectrophotometric UV-visible studies yield the sequential formation constants: K11 = (2.83 ± 0.28) × 105 dm3 mol−1 for αCD·E-3−, K21 = (6.93 ± 0.06) × 103 dm3 mol−1 for (αCD)2·E-3−, K11 = (1.24 ± 0.12) × 105 dm3 mol−1 for βCD·E-3−, K21 = (1.22 ± 0.06) × 104 dm3 mol−1 for (βCD)2·E-3−, K11 = (3.08 ± 0.03) × 105 dm3 mol−1 for 1·E-3−, K11 = (8.05 ± 0.63) × 104 dm3 mol−1 for 2·E-3− and K12 = (2.42 ± 0.53) × 104 dm3 mol−1 for 2·(E-3−)2. 1H ROESY NMR studies show that complexation of E-3− in the annuli of αCD, βCD, 1 and 2 occurs. A variable-temperature 1H NMR study yields k(298 K) = 6.7 ± 0.5 and 5.7 ± 0.5 s−1, ΔH‡ = 61.7 ± 2.7 and 88.1 ± 4.2 kJ mol−1 and ΔS‡ = −22.2 ± 8.7 and 65 ± 13 J K−1 mol−1 for the interconversion of the dominant includomers (complexes with different orientations of αCD) of αCD·E-3− and (αCD)2·E-3−, respectively. The existence of E-3− as the sole isomer was investigated through an ab initio study.