Using the forth harmonic ofa Nd-YAG laser at 266 nm TII was dissociated and the dissociation was observed by a transient absorption due to a transition from the repulsive potential, which correlates to T1 (6p2p~/2) and I, to the repulsive potential with the asymptote T1 (7s) and I. The experiment is performed with quasi-stationary spectroscopy in the nanosecond time domain, but detects transients effects by asymmetric absorption profiles in the frequency domain. Simulations applying Bloch equations with time dependent molecular energies are able to reproduce the observations and give information on the difference potential between the two molecular states involved and the transition dipole moment. The results are also in good agreement with fs experiments from other authors.