The EXAFS measurements an polycrystalline and nanocrystalline Co sampl
es were performed at the PULS synchrotron radiation facility. In contr
ast to the conventional EXAFS data analysis using an inverse Fourier t
ransformation we have applied a modified regularization algorithm in o
rder to determine the pair correlation function (PCF) by solving the i
ntegral EXAFS equation. The PCF for a polycrystalline sample indicates
several separate peaks located on true interatomic distances. For nan
ocrystalline cobalt we obtain a reduction of the first coordination nu
mber (N = 6.4 at.). The results obtained ave discussed.