The fluorogenic indicator 2-[6-(4'-amino)phenoxy-3H-xanthen-3-on-9-yl]benzoic acid (APF) is used widely to detect and measure reactive nitrogen and oxygen species such as peroxynitrite, ONOO-, both in vivo and in vitro. We present in this work the results of a combined computational and experimental study to provide insights into the mechanism of the reaction of APF with the radical products of ONOO- reaction with CO2, namely NO2 center dot and CO3 center dot-. The experimental study on the inhibition of APF oxidation by HCO3- suggests that a direct reaction of APF with nitrosoperoxycarbonate, ONOOCO2-, is unlikely. The mechanism of APF action on NO2 center dot and CO3 center dot- was investigated using gas-phase and solvent modeled calculations at the MPW1K/6-311+G(d)//MPW1K/6-31G(d) level of theory. Our computational results suggest that two-electron oxidation of APF takes place in two rapid one-electron oxidation steps, the first being a proton-coupled electron transfer (PCET) between APF and NO2 center dot, followed by addition of CO3 center dot- and subsequent decomposition of the adduct to yield fluorescein.