We present results of first-principles band calculations as well as structu
ral optimization of the orthorhombic KC60 polymer. Our band dispersion is s
ignificantly anisotropic, and different from previous band calculations. Th
e character of the conduction band is explained in terms of linear combinat
ions of the molecular orbitals of I-h C-60 and a perturbation coming from t
he polymerization. [S0163-1829(98)05944-X].