Clerk Maxwell’s investigation into the constitution and stability of Saturn’s Ring was based upon the fundamental supposition that the rings were composed of particles arranged in concentric circles. Although the particles could perform small oscillations about their mean positions, it is evident that the outline of the ring would be to all appearances circular. A line in Clerke’s ‘Popular History of Astronomy in the Nineteenth Century’ (page 299) suggests that some observers have regarded the outline of the ring as elliptical. It is therefore of interest to enquire under what conditions an elliptical ring could exist. The ellipse is a more general form than a circle. If, therefore, it can be shown that an elliptic ring is possible, any explanation of the origin of the rings must take account of this fact. In this paper a single ring of particles is examined. The actual Ring of Saturn probably consists of numerous rings, one within the other. By their gravitational attraction, each will affect the motions of the others. As a first approximation, however, it is sufficient to consider the case of a single ring.