A silent chain includes guide plates each of which has a cut-away portion on its inner side and a cut-away portion on its outer side for allowing elastic deformation of the guide plate in the longitudinal direction of the chain so that bowing of the connecting pins of the chain is reduced, and galling of the connecting pins and unbalance of the loads on the link plates of the chain are suppressed. The deepest parts of the respective cut-away portions are longitudinally offset from each other so that longitudinal elastic deformation can occur without impairing the tensile strength of the guide plate.