  Using an efficient numerical scheme that exploits spatial symmetries and spin
parity, we have obtained the exact low-lying eigenstates of exchange
Hamiltonians for the high nuclearity spin clusters, Mn_{12}, Fe_8 and V_{15}.
The largest calculation involves the Mn_{12} cluster which spans a Fock space
of a hundred million. Our results show that the earlier estimates of the
exchange constants need to be revised for the Mn_{12} cluster to explain the
level ordering of low-lying eigenstates. In the case of the Fe_8 cluster,
correct level ordering can be obtained which is consistent with the exchange
constants for the already known clusters with butterfly structure. In the
V_{15} cluster, we obtain an effective Hamiltonian that reproduces exactly, the
eight low-lying eigenvalues of the full Hamiltonian.
