A novel reaction between norbornene and the cobalt(ii) complex of the tetraazamacrocyclic ligand 5, 14-dihydro-6,8,15,17-tetramethyldibenzo[b,l)[l,4,8,11 Jtetraazacyclotetradecine (H,L), in the presence of oxygen, gives the 5,16-dihydro-16-(exo-norbornane-2,3-diyl-~ C2)-6,8,15,17-tetramethyldibenzo[b,~[l,4,8,11 ltetraazadecinato-C2)6,8,15,17-tetramethyldibenzo[b,i[ 1,4,8,1 l ] t e t r a a z a d e c i n a t o -~~N ~~Q ~~~~~~} c o b a l t ( i ~~) ]tetraphenylborate, and its X-ray crystal structure establishes the presence of a pendant alkyl-cobalt bond. cation (A); this was isolated as [mono(acetone)-{ 5,16-di hydro-I 6-( exo-norbornane-2,3-diyl-~