Base-induced alpha-elimination from substituted O-4-nitrophenylsulfonylhydroxamic acids has been used as a mild source of nitrenes for capture by [60]fullerene; rearrangment of the resulting [60]fullereno[1',2':2,3]aziridine bearing a N-ethoxycarbonyl grouping under the influence of phenol/chlorotrimethylsilane results in the quantitative formation of the title compound which can be cleaved to yield 1-hydroxy-2-N-methylamino[60]fullerene.