The high strength steel sheets has been widely used as the automobile parts to reduce the weight of a vehicle. The aim of this research is to develop the TRIP aided high strength low carbon steels using reverse transformation process. The 0.15C-4Mn and 0.15C-6.5Mn steel sheets were reversely transformed by slow heating to intercritical temperature region and air cooling to room temperature. The stability of retained austenite depends on the enrichment of carbon and manganese by diffusion during the reverse transformation. The amount of retained austenite formed after reversely transformed at $645^{circ}C$ for 12 hrs. was about 46vol.% in hot rolled 0.lC-6.5Mn steel. The change in volume fraction of retained austenite with a holding temperature was consistent with the changes in elongation and the strength-ductility combination. The tendency of tensile strength to increase with increasing the holding temperature was due to the decrease of retained austenite after cooling from the higher temperature of $670 ^{circ}C$. The maximum strength-ductility combination was about 4,250 kg/$ extrm{mm}^2$ㆍ% when the hot rolled 0.lC-6.5Mn steel was reversely transformed at $645^{circ}C$ for 12 hrs.