The present article reviews the photochemical deactivation modes and properties of electronically excited metallotetrapyrroles. Of the wide variety of complexes possessing a tetrapyrrole ligand and their highly structured systems, the subject of this survey is mainly synthetic complexes of porphyrins, chlorins, corrins, phthalocyanines, and naphthalocyanines. All known types of photochemical reactions of excited metallotetrapyrroles are classified. As criteria for the classification, both the nature of the primary photochemical step and the net overall chemical change, are taken. Each of the classes is exemplified by several recent results, and discussed. The data on exciplex and excimer formation processes involving excited metallotetrapyrroles are included. Various branches of practical utilization of the photochemical and photophysical properties of tetrapyrrole complexes are shown. Motives for further development and perspectives in photochemistry of metallotetrapyrroles are evaluated.