Disclosed herein is a process and catalyst for producing an ethylbenzene feed from a polyethylbenzene feed, comprising the step of contacting a benzene feed with a polyethylbenzene feed under at least partial liquid phase conditions in the presence of a zeolite beta catalyst having a phosphorus content in the range of 0.01 wt. % to 0.5 wt. % of said catalyst, to provide a product which comprises ethylbenzene.