Preliminary anysis of CCD frames taken at Ouda Station (Kyoto Uni- versity) gives the following astrometry of V701 Tau. 03h 44m 01s.91 +21o 57' 07".2 (J2000.0) 4 GSC stars Rather large difference from the Iida's value may be due to insufficient number of comparison stars in the CCD frame. An outburst image can be obtained from ftp.kusastro.kyoto-u.ac.jp (anonymous login), under /pub/vsnet/DNe/V701_Tau, file v701-2.gif. Time-resolved photometry has shown a gradual decline of 0.10 mag in four hours. Although there is some hint of low amplitude modulation, we could not find a firm evidence of superhumps. Regards, Taichi Kato & Ouda team