The effect of the nature of the support and the method of preparation of indium-aluminum(zirconium) oxide compositions on their acid-base characteristics, which determine the catalytic activity in oxidative dehydrogenation of propane with participation of CO2, was established. The highest selectivity for propylene (51%) is achieved over the In2O3-Al2O3 catalyst, which is due to the presence on its surface of stronger Lewis acid sites for activation of C3H8 and to a higher concentration of base sites for activation of CO2.