Liquid-phase epoxidation of cinnamyl alcohol was carried out with hydrogen peroxide as oxidizing agent using indium-containing boron- and aluminium-beta zeolites. It was proved that InO+ ions, created by oxidation of univalent indium cations incorporated into beta zeolite by reductive solid-state ion exchange, play an important role in the activation of hydrogen peroxide. The indium-hydroperoxo complex formed in beta zeolite pores was found to be accessible by the bulky cinnamyl alcohol molecules. Among the applied catalysts In/H[B]-beta (containing 7.6% In2O3/g) showed the highest selectivity in cinnamyl alcohol epoxidation.