  By using perturbation calculation and numerical diagonalization, low-energy
spin dynamics of the Shastry-Sutherland model is investigated paying particular
attention to the two-particle coherent motion. In addition to spin-singlet- and
triplet bound states, we find novel branches of coherent motion of a bound
quintet pair, which are usually unstable because of repulsion. Unusual
dispersion observed in neutron-scattering measurements are explained by the
present theory. The importance of the effects of phonon is also pointed out.
