A picosecond time-resolved IR-UV pump-probe spectroscopic study has been carried out for investigating the intracluster vibrational energy redistribution (IVR) and subsequent dissociation of hydrogen-bonded clusters of phenol (C₆H₅OH) and partially deuterated phenol (C₆D₅OH, phenol-d₅) with various solvent molecules. The H-bonded OH stretching vibration was pumped by a picosecond IR pulse, and the transient S₁-S₀ UV spectra from the pumped level as well as the redistributed levels were observed with a picosecond UV laser. Two types of hydrogen-bonded clusters were investigated with respect to the effect of the H-bonding strength on the energy flow process: the first is of a strong “σ-type H-bond” such as phenol-(dimethyl ether)_n=1 and phenol dimer, and the second is phenol-(ethylene)_n=1 having a weak “π-type H-bond.” It was found that the population of the IR-pumped OH level exhibits a single-exponential decay, whose rate increases with the H-bond strength. On the other hand, the transient UV spectrum due to the redistributed levels showed a different time evolutions at different monitoring UV frequency. From an analysis of the time profiles of the transient UV spectra, the following three-step scheme has been proposed for describing the energy flow starting from the IVR of the initially exicted H-bonded OH stretching level to the dissociation of the H-bond. (1) The intramolecular vibrational energy redistribution takes place within the phenolic site, preparing hot phenol. (2) The energy flows from the hot phenol to the intermolecular vibrational modes of the cluster. (3) Finally, the hydrogen bond dissociates. Among the three steps, the rate constant of the first step was strongly dependent on the H-bond strength, while the rate constants of the other two steps were almost independent of the H-bond strength. For the dissociation of the hydrogen bond, the observed rate constants were compared with those calculated by the Rice, Ramsperger, Kassel, and Marcus model. The result suggests that dissociation of the hydrogen bond take place much faster than complete energy randomization within the clusters.