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When selective solvents are used for the dissolution of block copolymers, their solid-state structure may be partly preserved in solution. At room temperature, polystyrene- block -poly(ethylene- co -propylene) dissolves in decane, a selective solvent for the aliphatic block, to form a solution of metastable micellar structures with polystyrene core. These convert to stable micelles at elevated temperature; the molar mass of the micelles is reduced several times after the heat treatment. The change of the structure is explained by the existence of a frozen state of the micellar core at room temperature. A possible connection with the glass transition of the core is discussed. Static and dynamic light scattering, small-angle X-ray scattering, differential scanning calorimetry and viscometry have been used to characterize equilibrium and non-equilibrium micelles. A pronounced mutual interaction of micelles has been observed by light scattering even at a concentration as low as 5 × 10 −4 g cm −3 . The concept of sticky chains is introduced to explain the association of the micellar shells. The behaviour of micelles in another selective solvent, diisopropylether, is simpler, both effects observed in decane being absent.