their absorption spectra, the Polarizable Embedding approach shows results consistent with full quantum chemical calculations. For partly overlapping absorption spectra the Polarizable Embedding approach can furthermore successfully be expanded within a Frenkel exciton approach based on only economical monomeric quantum chemical calculations. Thus, by extending the Polarizable Embedding scheme to the exciton picture it is possible to cover computations of the whole absorption spectrum and still reduce the computational cost compared to costly cluster calculations.