Phosrhonium salt exchanged montmorillonites were prepared from a reaction between alkyl triphenyl phosponium bromide and Na$^{＋}$-montmorillonite. Epoxy-clay nanocomposites were also prepared by using cycloaliphtic epoxy, methyl tetrahydrophthalic anhydride as a hardener, and triphenyl butyl phosphonium bromide as an accelerator. TEM and XRD results suggested that clay minerals in the epoxy-montmorillonites composite were intercalated. Mechanical properties such as tensile modulus and strength were measured and the effect of nanocomposite formation was also discussed.