The electronic structure of organometallic complexes with the phosphine analogue ligands trimethylarsine and trimethylstibine was studied. Four new complexes, CpMn(CO) 2 AsMe 3 , CpMn-(CO) 2 SbMe 3 , Co(CO) 2 NOAsMe 3 , and Co(CO) 2 NOSbMe 3 , were synthesized, and their He I and He II photoelectron spectra were recorded. The first ionization energies, which correspond to ionization from mainly metal d orbitals, are 6.83, 6.83, 7.58, and 7.69 eV, respectively. These numbers correspond to an approximately 1 eV uniform destabilization of the metal d orbitals, with respect to the parent carbonyls. The lone-pair orbital stabilization, with respect to the free ligands, was significant: 1.00, 0.94, 1.70, and 1.34 eV. The trends observed in these ionization energies were explained by the σand π-donor and π-acceptor properties of the ligands, on the basis of the changes in the hybridization of lone-pair orbitals.