The radiation-induced oxidation of bis/1,2-dicarbollyl/cobalt/III/ acid to 8-monohydroxy-, and 8,8-dihydroxy-derivatives was observed in two-phase system of 4 to 96 vol. % of CCl4 and H2O. Carbon tetrachloride increases the radiation yields of the oxidation of the acid in the investigated dose region, nature of the radiolytic products being the same. The partial radiation yields in the system were ascertained.