Within the framework of Youth Science 2012 small group in Linguistic Sciences four sub-groups were held: Classic Literature in modern interpretations aspect, Problematic issues of contemporary literature study and methodology of teaching, Linguo-stylistic specifics of text and writer's personal style, and Semantic and grammatical peculiarities of different level language units. Attendees from the Faculty of Philology, Russian and Ukrainian Philology tried to resolve current language and literature issues