The photoionization dynamics of rotationally hot CO, photodissociated from OCS, have been studied using laser photoelectron spectroscopy via the intermediate B 1 ⌺ ϩ Rydberg state leading to the X 2 ⌺ ϩ of the ion. The photodissociation of OCS near 230 nm produces rotationally hot, but vibrationally cold CO (X 1 ⌺ ϩ ,NЉ,vЉϭ0,1) fragments along with S ( 1 D) atoms. These high rotational levels show photoelectron spectra with a very strong ⌬Nϭ0 transition and weaker ⌬N ϭϮ1, Ϯ2, and Ϯ3 transitions. Agreement between measured and calculated spectra is good and suggests that there is significant angular momentum coupling in the photoelectron orbital. In the ionization step not only ⌬vϭ0, but also off-diagonal, non-Franck-Condon (⌬v 0) transitions are observed. The intensities of these transitions vary strongly within the region studied and can be explained by the excitation of superexcited Rydberg states with an A 2 ⌸ core.