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The effect of reversible energy hopping between different local environments on the properties of spin-polarized excited states is investigated theoretically using a two-site model. The kinetic equations for the populations of the spin sublevels of the excited state are derived and then used to obtain analytical expressions for the evolution of the spin polarization of excited triplet states under specific conditions. The time dependence of the triplet state polarization patterns is also obtained by numerical solution of the kinetic equ