A process is disclosed of preparing a high chloride {111} tabular grain emulsion. Tabular grains are formed having {111} major faces, containing at least 50 mole percent chloride and less than 5 mole percent iodide, based on silver, and accounting for at least 50 percent of total grain projected area by introducing silver ion into a gelatino-peptizer dispersing medium containing a stoichiometric excess of chloride ions with respect to silver ions and a phenol that is incapable of reducing silver chloride and has at least two iodo substituents, which acts as a grain growth modifier.