The long-wavelength sensitive photoinitiating system composed of 3-n-propylsulfonic acid -2-[S-(3-n-propylsulfonic acid triethylamine-2-benzothiazolinylidene)-1,3pentadienyl]-benzoxazolium inner salt (SP-36), 2-chlorohexaarylbiimidazole (o-cI-HABI) and 3-mercapto-4-methyl-4H-1,2,4,-triazole(MTA), which acted as sensitizer, initiator and hydrogen-donor respectively, can be used to initiate the polymerization of methyl methacrylate (MMA). The kinetic study was carried out in trichloromathane solution at 30 °C b y using dilatometer. The relation between the polymerization rate and the concentrations of SP-36, o-cI-HABI, MTA and MMA was studied. The kinetic formula was deduced: Rp=K[SP-36]°'45[HABI]° 40[MTA]° 24[MMA] ` °. The photopolymer system can record stable hologram under Helium neon laser.