NOVELTY - Reforming process comprises: (a) providing a naphtha to a multi-stage reforming system; (b) contacting the naphtha at a first reforming temperature with the first reforming catalyst and producing a penultimate effluent; (c) contacting at least a portion of the penultimate effluent at a second reforming temperature with the second reforming catalyst and producing a final reformate; and (d) regenerating the second reforming catalyst in the final reforming stage while reforming the naphtha in the penultimate reforming stage and producing a third reformate from the penultimate reforming stage.    USE - The process is useful for producing octane products, which is useful as automobile fuel, aromatics (e.g. benzene, toluene, xylenes and ethylbenzene), and hydrogen.    ADVANTAGE - The process provides higher liquid yield, minimizes the formation of less valuable low molecular weight products, and improves hydrogen production, RON, aromatics content and catalyst life.    DETAILED DESCRIPTION - Reforming process comprises: (a) providing a naphtha to a multi-stage reforming system that includes a penultimate reforming stage containing a first reforming catalyst and a final reforming stage containing a second reforming catalyst; (b) contacting the naphtha at a first reforming temperature with the first reforming catalyst and producing a penultimate effluent; (c) contacting at least a portion of the penultimate effluent at a second reforming temperature with the second reforming catalyst and producing a final reformate having an research octane number (RON) of greater than 90; and (d) regenerating the second reforming catalyst in the final reforming stage while reforming the naphtha in the penultimate reforming stage and producing a third reformate from the penultimate reforming stage that has an RON of at least 90.    DESCRIPTION OF DRAWING(S) - The figure shows a schematic view of a reforming process for producing octane products.    Naphtha boiling range fraction (5)    Penultimate stage (10)    Effluent (11)    Separation zone (20)    Hydrogen-rich stream. (21)