Not yet reviewed by Pith; the record is open.

The electronic structure of diluted magnetic semiconductors is studied, especially focusing on the hole character. The Haldane-Anderson model is extend to a magnetic impurity, and is analyzed in the Hartree-Fock approximation. Due to the strong hybridization of an impurity d-states with host p-states, it is shown that holes are created in the valence band, at the same time the localized magnetic moments are formed. These holes are weakly bound around the impurity site with the characteristic length of several lattice constants. For the case of the two impurities, it is found that when the separation of two impurities is of the order of the length of holes, the overlap of these holes favors the ferromagnetic interaction. The spatially extended holes play an essential role for the ferromagnetic exchange interaction.