This paper deals with our on-going work on the electronic spectroscopy of tetrapyrrole molecules embedded in cryogenic hosts. Under nanosecond laser excitation of free-base tetrabenzoporphin molecules in a nitrogen matrix at 8K, increasing laser pulse energy results in essential enhancement of the intensity of one or several vibronic emission lines in the fine-structure fluorescence spectrum. Some characteristics of stimulated radiation are realized in the observed intense monochromatic radiation as a result of a transition from the purely electronic S1 level to a vibrational sublevel of the S0 state, corresponding to the excitation of C–C stretching vibrations of tetrapyrrole methane bridges. We also report on persistent spectral hole-burning effects. Hole and antihole formation analysis gives some insight on the photochemical properties of tetrabenzoporphin in a nitrogen matrix.