Intermolecular NOE experiments have been used to explore the interactions of water and ethanol molecules in 35% ethanol/65% water (v/v) with the octapeptide hormone [val(5)]angiotensin 11 at temperatures from 0 to 25 degrees C. Magnetic dipole-dipole cross relaxation terms sigma(NOE)(HH)- and sigma-(ROE)(HH) for interaction of both solvent components suggest that ethanol molecules interact with the peptide backbone atoms strongly enough to associate for times comparable to the rotational correlation time of the peptide; comparison of observed ROE and NOE cross relaxation terms indicate that lifetimes of these interactions are of the order 0.4 ns at 5 degrees C. Formation of such peptide-ethanol complexes can also account for larger-than-expected values of the cross relaxation terms at higher temperatures. Alternative explanations of the observations reported are shown to be unlikely, primarily because they require unreasonable and highly localized concentrations of the ethanol near the peptide. Side chains of the peptide appear to experience no unusual interactions with ethanol. Cross relaxation terms for water-peptide backborte interactions indicate long-lived interactions of water with the backbone atoms although the nonpolar side chains of the peptide (Val3, Val5, Pro7, and possibly Phe8) do not interact in any specific way with water molecules. Cross relaxation terms for protons of the polar (Tyr4 and His6) side chains may reflect strong interactions with water, but analysis of these is confounded by solvent proton exchange and possible spin diffusion effects.