Dynamics of 4-pentyl-4′-cyanobiphenyl (5CB) dissolved in several polymers at concentrations of 3−7 wt % was examined by dielectric relaxation measurement. Glassy (segmental) mode of the matrix polymer was also investigated by viscoelastic measurements for the same samples. Polystyrene (PS), poly(4-methylstyrene) (P4MS), and poly(4-tertbutylstyrene) (PtBS) were used as host polymers, considering that they have the same backbone structure but different sidechain bulkiness. Two dielectric relaxation modes (slow and fast modes) of 5CB component appeared in all the mixtures, and the relative intensity of the fast mode increased in the order of PS < P4MS < PtBS, corresponding to the order of the side-chain bulkiness and main-chain stiffness. The effects of such chemical structure differences on the two relaxation modes, particularly their temperature dependence, were examined in detail. Comparison of relaxation times for the fast mode and the segmental dynamics of the matrix polymer suggests that the fast mode was attributed to the restricted orientational fluctuation, which includes precession motion around the long axis, of 5CB molecule in a confined space formed by slow polymer chains. The dielectric intensity of the fast mode increased with increasing side-chain bulkiness of polymers. This means that the larger side chain decreases the spatial restriction for the movement of guest 5CB molecules in the glassy state. The slow mode was attributed to the rotational motion of 5CB molecule nearly cooperative with the segmental motion of matrix polymer. The relaxation times of dielectric slow mode and viscoelastic glass mode were compared. Temperature dependence of the slow mode was slightly different from that of the segmental motion of polymer corresponding to the glass mode. From the difference between these relaxation times, the correlation length relevant to the glass mode was determined as functions of temperature for the three polymers.