We have prepared a series of Mo/ZSM-5 systems by impregnation method with different metal loading. The optimum performance has been attained for 4% metal loading, yielding to ca. 2 mmol(benzene)/g(ca)(t) at the end of the reaction. The obtained catalysts were widely structural and surface characterized. As Mo content increases, the surface feature of the support is affected specially its mesoporosity. It has been stated the enormous complexity of Mo species present in the studied system. In situ characterization by XPS reveals different reduction and carburization behaviour depending on the Mo content.