We have investigated the excitation transfer in a system comprising poly(6,6Ј,12,12Ј-tetra-2ethylhexyl-2,8-indenofluorene͒ ͑PIFTEH͒ chains end-capped with perylene dye molecules, using femtosecond time-resolved photoluminescence ͑PL͒ spectroscopy as well as polarized photoluminescence measurements. The transfer of excitons from isolated PIFTEH chains to perylene molecules is completed within the first 30-40 ps after excitation, and we extract a Förster radius R 0 ϭ(1.8Ϯ0.3) nm from the time-resolved PL transients. We have modelled the polarization anisotropy for a guest-host system subject to Förster interactions via a Monte Carlo simulation and find that the emission from acceptors becomes unpolarized at sufficiently large acceptor concentrations, permitting an accurate determination of the Förster radius from time-integrated photoluminescence anisotropy measurements. While spectral overlap calculations predict a large efficiency for the transfer of excitations to the perylene molecules from sites where the PIFTEH chains aggregate, no transfer is observed experimentally, which we attribute to chain packing effects within the sample prohibiting sufficiently close contact between PIFTEH aggregates and perylene molecules.