  We construct a Kaehler structure on the punctured cotangent bundle of the
Cayley projective plane whose Kaehler form coincides with the natural
symplectic form on the cotangent bundle and we show that the geodesic flow
action is holomorphic and is expressed in a quite explicit form. We also give
an embedding of the punctured cotangent bundle of the Cayley projective plane
into the space of 8 times 8 complex matrices.
