The vibrational population dynamics of HgI fragments in ethanol solution, resulting from the 320 nm photolysis of HgI2, are examined both experimentally and by a simulation. The experiments reveal an HgI population distribution which rapidly relaxes toward equilibrium. At the earliest times, the HgI exhibits vibrational coherent wave-packet motion that dephases with a time constant of ca. 1 ps. These data are used to gain insight into the character of the solvated potential energy curves, The population relaxation was adequately reproduced by master equations which were formulated to incorporate the HgI anharmonicity and a solvent frequency dependent friction, This treatment characterizes the spontaneous vibrational relaxation timescale for the n"=1-->0 transition to be ca. 3 ps, and is used to identify the relaxation rate constants for all other HgI level pairs. The simulations estimate that the initial excess energy of HgI is centered at n"not similar to 10 which corresponds to a total excess energy of ca. 1050 cm(-1).