  We investigate the $N^{\ast}(1535)\rightarrow N\gamma$ transition in the
framework of light cone QCD sum rules. In particular, using the most general
form of the interpolating current for the nucleon as well as the distribution
amplitudes of the photon, we calculate two transition form factors responsible
for this channel and use them to evaluate the decay width and branching ratio
of the transition under consideration. The result obtained for the branching
fraction is in a good consistency with the experimental data.
