A rotational band with states of alternating parity has been populated in 224Th via the 208pb(igo, 2n) reaction. Spins up to I ~ = i0 + (Ii-) are identified. Stretched E1 and E2 transitions compete in the deexcitation, the average ratio of the reduced transition probabilities being B(EI)/B(E2) = (1.5 • 0.4) x 10 -6 fm -2. This ratio implies that 224Th has one of the largest intrinsic electric dipole moments observed so far. The low-lying odd-parity excitations in the neutron deficient even Ra and Th isotopes have long been our main evidence for the occurrence of octupole deformations in nuclei at the beginning of the actinide region. More recently, new evidence for strong octupole effects has emerged: With increasing rotation even and odd parity yrast states seem to merge into one single band of alternating parity where neighbouring levels are connected by fast E1 transitions. Such bands have been observed in 218'219'220Ra and 220'221'222Th (see refs. [I, 2]). To extend the knowledge of high-spin states into the expected center of the octupole region [i] we have studied 224Th using the 208pb(180,2n) reaction.The 180 beams were supplied by the Tandem accelerator of the MPI Heidelberg and used to irradiate a target of 208pb (140 #g/cm 2) sandwiched between thin carbon foils. The recoiling heavy fusion products were separated from the primary beam by an electrostatic deflector [3] and were implanted into a surface-barrier detector, which also registered their ground-state ~ decay. Electron-7 coincidences from the target were observed by means of a solenoid spectrometer and two Ge detectors at 90 ~ with respect to the beam direction, while 77 coincidences and 7 angular distributions were measured in an arrangement of six compton-suppressed Ge detectors positioned at 90 ~ and 145 ~ relative to the beam. In both set-ups the coincidence with the recoiling fusion products was essential to suppress the large background from fission. Beam energies ranged from E b = 96 MeV down to 78 MeV and resulted in excitation functions for 7 and elines in 222"224Th, in accord with the parallel observation of the characteristic ~ activity. A conversion electron spectrum obtained at E b = 78 MeV is shown in fig. I. To suppress prompt electrons this measurement was performed using a recoil shadow [4] which extended -50 #m downstream from the target. The spectrum is dominated by two low-energy MI/E2 transitions in 223Th and by two transitions of E2 character (see the LI+II/LII I ratios), originating from 224Th. These latter lines are due to the 2 + ~-0 + and 4 + ~--2 + transition known from ~ decay studies of 228U [5].The 7 spectrum coincident with the 2 + ~-0 + and 4 + -,-2 + conversion electrons of 224Th is displayed in fig. 2a. Below the 4 + ~-2 + line at 186 keV sev-