An MCD and absorption spectra measured in the energy region of the second excited state of 1-azabicyclo[2,2,2] octane (ABCO) reveal large positive A terms. Simple calculations of the magnetic moment of a 1E excited state yield also a positive sign for the A terms. A small negative B term is observed 355 cm-1 below the origin of the 1E state. Based on B term calculations we assign it as the 1A1→ 1A1 transition (n0→-3pz). The results are compared with a recent MPI study in the same energy range.