In this paper, thermal and structural properties of epoxy/elastomer blend were measured by DSC, TGA and FESEM. Specimens were made of dumbbell forms by the ratio of 5, 10, 15, and 20[phr] by changing elastomer content. The measuring temperature ranges of DSC were from -20[℃] to 150[℃] and heating rate was 4[℃/min]. And the measuring temperature ranges of TGA were from 0[℃] to 800[℃], and heating rate was 5[℃/min]. Also we observed structure of specimens through FESEM with magnification of 1000 times and voltage of 15[kV] by breaking quenched specimens. As experimental results, we could know that thermal and structural properties were improved according to decrease of elastomer content. Because it increased glass transition temperature, high temperature and structure of elastic epoxy.