The mechanism of hologram formation in fixation-free rehalogenating bleaching processes have been treated by different authors. The experiments carried out on Agfa 8E75 HD plates led to the conclusion that material transfer from the exposed to the unexposed zones is the main mechanism under theprocess. We present a simple model that explains the mechanism of hologram formation inside the emulsion. Also quantitative data obtained using both Agfa 8E75 HD and Slavich PFG-01 fine-grained red-sensitive emulsions are given and good agreement between theory and experiments are found.