An exciton is an electronic excitation wave consisting of an electron-hole pair which propagates in a nonmetallic solid. Since the pioneering research of Fren kel, Wannier and the Pohl group in the 1930s, a large number of experimental and theoretical studies have been made. Due to these investigations the exciton is now a well-established concept and the electronic structure has been clarified in great detail. The next subjects for investigation are, naturally, dynamical processes of excitons such as excitation, relaxation, annihilation and molecule formation and, in fact, many interesting...