In a three-level atomic system coupled by two equalamplitude laser fields with a frequency separation 2δ, a weak probe field exhibits a multiple-peaked absorption spectrum with a constant peak separation δ. The corresponding probe dispersion exhibits steep normal dispersion near the minimum absorption between the multiple absorption peaks, which leads to simultaneous slow group velocities for probe photons at multiple frequencies separated by δ. We report an experimental study in such a bichromatically coupled three-level Λ system in cold 87 Rb atoms. The multiple-peaked probe absorption spectra under various experimental conditions have been observed and compared with the theoretical calculations.42.50. Gy, 32.80.2t A resonant laser beam can pass through an opaque atomic medium without attenuation due to the quantum interference effect between the dressed states created by a coupling laser field. This phenomenon is known as electromagnetically induced transparency (EIT) [1][2][3]. In recent years, many studies on EIT and related phenomena have been carried out, which reveal the importance of EIT in understanding the fundamental physics involving interactions between light field and resonant medium [4][5][6][7][8]. It has been shown that EIT may have applications in a variety of research topics such as quantum optics with slow photons [9-13], quantum information processing [14], atomic frequency standard [15][16][17][18], and quantum nonlinear optics [19,20].Recently, Lukin et al proposed a mechanism to entangle two photons in an EIT medium based on obtaining slow photons at different frequencies [21]. Since the EIT created by a monochromatic field only provides the steep dispersion near the resonant frequency, sophisticated schemes are proposed to obtain slow photons at different frequencies [21,22]. Here, we show that EIT in a Λ type level configuration created by a bichromatic laser field may be used to slow down photons at different frequencies. The three-level Λ system coupled by a bichromatic field and a probe field is depicted in Fig. 1(a). The dressed states created by the bichromatic field consist of an infinite ladder with an equal-spacing separation δ between the neighboring levels when the average frequency of the bichromatic field with equal amplitudes of the two frequency components matches the atomic transition frequency. The dressed states are the superposition of the atomic states |2>, |3>, and the photon number states with the amplitude determined by the Rabi frequency (Ω c = Ω c1 = Ω c2 ) and the frequency separation 2δ. Such dressed states and the fluorescence spectrum of the two-level atoms coupled by a bichromatic field have been extensively studied before [23][24][25][26]. The dressed state picture of the bichromatic driven three-level system is depicted in Fig. 1(b). It is expected that the probe absorption spectrum will exhibit multiple peaks corresponding to the dressed transitions |1 >→ |m > and transparent windows with minimum absorption located near the middle separation of the d...