A fiber optic connector assembly is arranged for adjusting the rotational position of a terminated optical fiber about its axis relative to the axis of the connector assembly. A connector body has a central bore extending rearwardly from a front end of the body. An inner plug terminates the optical fiber and is positioned in the bore of the body. The plug is captured axially in the body but is rotatable relative to the body about the axis of the fiber. Complementary interengaging keys and keyways are provided between the plug and the body to define a plurality of positions of rotational adjustment of the plug about the axis of the fiber relative to the body. Tool engaging portions on the plug are accessible through the front open end of the body so that an adjusting tool can be inserted thereinto after the connector assembly is assembled to rotationally adjust the plug relative to the body.