A phenolic copolymer has been prepared by copolymerization of p-chlorophenol, p-cresol, and formaldehyde in the presence of acid catalyst. The copolymer was partially and completely dehalogenated by a standard method. The dehalogenated copolymer chain had a random distribution of reactive positions which were originally occupied by Cl atoms. Some substituted monomers, oligomers of known structure and molecular weight, and basic polymer chains have been grafted at these reactive positions. The halogen percentage of the grafted copolymers could be calculated on the assumption that all the available reactive positions are attached to the respective units. Reasonably good agreement has been found between the calculated and observed amount of halogen percentage in the grafted copolymers.