A detailed study of the separation efficiency in the photoinduced electron transfer reaction between 9,10-dicyanoanthracene and biphenyl in acetonitrile is presented. Both transient absorption and photoconductivity indicate a separation efficiency of about 0.4. This value is in discrepancy with two of three previously reported efficiencies. The problems arising with too large donor concentrations and with the use of a secondary donor to determine the separation efficiency are discussed.