We study one-particle spectra and the electronic band-structure of a CuO2-p
lane within the three-band Hubbard model. The Dynamical Mean-Field Theory (
DMFT) is used to solve the many particle problem. The calculations show tha
t the optical gap Delta(opt) is given by excitations from the lower Hubbard
band into the so called Zhang-Rice singlet band. The optical gap Delta(opt
) turns out to be considerably smaller than the bare charge transfer energy
Delta (Delta = epsilon(p) - epsilon(d)) for atypical set of parameters, wh
ich is in agreement with experiment. We also investigate the dependence of
the shape of the Fermi surface on the different hopping parameters t(CuO) a
nd t(OO). A value t(OO)/t(CuO) > 0 leads to a Fermi surface surrounding the
M point.