The X-ray diffraction pattern of MOVPE-grown ZnSe/InP epilayers in the
thickness range between 0.15 and 2.2 mum shows that the relaxation is
obtained for a few monolayers. The splitting between light hole E(lh)
and heavy hole E(hh) excitonic transitions is observed at 4.2 K by re
flectivity and is explained in terms of thermoelastic strain due to th
e difference in the thermal expansion coefficients of layer and substr
ate. In addition photoluminescence is studied and shows neutral-donor-
bound-exciton lines I2 and I2' as well as the neutral-acceptor-bound-e
xciton line I1.