The purpose of this study has been to replicate Meachams transactional model (Meacham, 1977) and explore the intergroup attitudes of two groups of Americans and Iranians. The model predicts that attitudes, memories, and socio-cultural backgrounds of the rememberer transact at the time of remembering past events, i.e. the three influence each other continuously, simul-taneously, and reciprocally. Individuals socio-cultural experiences are accompanied by their attitudes and memories of past events, and any changes in one affect the other. To test this transactional model, two groups of American and Iranian students (n=n=28) were selected and their attitudes toward six subjects measured. A week later, the two groups partici-pated in a remembering activity and subse-quently had their attitudes remeasured to see the effect of the remembering activity on attitudes. The six attitudinal subjects both pre- and post-test consisted of people and governments of Iran, Sweden, and the United States. The remembering activity had two parts: First the participants were asked to recall the story of American hostages in Iran, and then identify different dimensions of a set of given statement as they recognized them. The set of statements reported the event in its totality with each statement having four different dimensions of " act", "actor", "time", and "reason". The data were analyzed in a 2 x4 ANOVA. Although the findings did not support the transactional model(Ibid), it did reveal some significant differences between the two groups in remembering and attitudes.