Activated carbon fibers were prepared from stabilized PAN fibers by chemical activation using hydroxide. The variations in specific surface area amount of iodine adsorption micro-structure and pore size distribution in the activated carbon fibers after the activation process were discussed. In the chemical activation using potassium hydroxide specific surface area of about 2545m2/g and amount of iodine adsorption of 2049 mg/g were obtained at the condition of KOH/fiber ratio of 1 and 800$^{circ}C$ Nitrogen adsorption isotherms for PAN based activated carbon fibers showed the type I in the Brunauer-Deming-Deming-Teller classification indicating the micro-pores consisting the activated fibers.