6-Alkoxycarbonylmethylsulfanyl-5-cyano-2-methyl-4-phenyl 1,4-dihydropyridine-3-carboxylates 3 as a more lipophilic derivatives of the biologically active 6-methylsulfanyl-1,4-DHP-3-carboxylates 2 have been prepared by the alkylation of 1,4-dihydropyridine-6-thiolates 1 with alkyl bromoacetates. Reactivity of 2 with KOH/H2O was investigated.