American Astronomical Society, Astrophysical Journal, 2(502), p. L123-L127, 1998
DOI: 10.1086/311509
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We report the discovery of the optical counterpart to GRB 980326. Its rapid optical decay can be characterized by a power law with exponent -2.10 +/- 0.13 and a constant underlying source at R_c=25.5 +/- 0.5. Its optical colours 2.1 days after the burst imply a spectral slope of -0.66 +/- 0.70. The gamma-ray spectrum as observed with BATSE shows that it is among the 4% softest bursts ever recorded. We argue that the rapid optical decay may be a reason for the non-detection of some low-energy afterglows of GRBs.