A synthetic sequence involving dithiametacyclophane --> metacyclophanediene --> dihydropyrene was employed to prepare trans-10b-methyl-10c-(2-naphthyl)- and trans-10b-methyl-10c-(1-naphthyl)10b,10c-dihydropyrene 5 and 6, respectively. Both exhibit a strong diamagnetic ring current despite the introduction of an internal bulky substituent within the pi-electron cloud. Their electronic spectra suggest interaction between the two near-perpendicular naphthyl and dihydropyrenyl pi systems, resulting in red shift and band broadening. All naphthyl protons are well resolved in their H-1 NMR spectra due to a strong shielding effect of the dihydropyrene ring. The most shielded protons in 5 and 6 are H1' and H2' at delta 2.47 and 1.42, respectively, being 5.25 and 5.95 ppm shifted from those of reference protons. There is evidence for free rotation on the NMR time scale of the 2-naphthyl ring in 5 with a preference for a particular conformer, whereas the 1-naphthyl ring in 6 is conformationally rigid with its H2' projecting deeply into the pi-cloud, thus accounting for the most shielded aromatic proton (H2' in 6) reported to date.