The efficient visible luminescence of highly porous silicon is identif
ied using photoluminescence spectroscopy. The observation of momentum-
conserving phonon satellites of crystalline silicon shows beyond doubt
that crystalline silicon is the luminescent material. We report a wea
k three-phonon satellite in photoluminescence excitation spectra of po
rous silicon. This is a manifestation of the weak two-phonon momentum-
conserving transitions of crystalline silicon. The exchange splitting
of the luminescent exciton is dramatically enhanced by quantum confine
ment, in agreement with theoretical predictions.