Homogeneous nanocrystalline structure with the average grain size of about 300 nm was produced in Ti2AlNb-based intermetallic alloy by a thermomechanical processing which included multistep isothermal forging at temperatures below the β-transus and intermediate annealings. Nanostructured material possessed excellent mechanical properties. At room temperature, elongations up to 25% were obtained and the ultimate strength reached 1400 MPa. The alloy exhibited superplastic behavior in the temperature range of 850-1000°C. The maximum elongation of 930% and steady state flow stress σ50 of about 125 MPa were obtained at 900°C and strain rate of 4.2×10-3 s-1. The rolling temperatures of nanostructured alloy were defined from analysis of its mechanical behavior at a typical rolling strain rate of about 10-1 s-1 and intermetallic sheets with improved mechanical properties were produced.