BINARY MICROLENSING OGLE-2000-BUL-46 UPDATE Observations collected by OGLE at the Las Campanas Observatory during the last nights indicate that the rapid brightenning in OGLE-2000-BUL-46 microlensing event observed on July 19/20 2000 was most likely the first caustic crossing. After that episode the brightness of the star faded gradually with characteristic 'U' shape of the light curve. Observations colected during the last night (July 25/26, 2000) indicate that the brightness of the object began to rise again indicating possible second caustic crossing within the few next days. Follow up observations are strongly encouraged !!! OGLE-2000-BUL-46 Field BUL_SC4 StarNo 746833 RA(J2000.0) 17:54:55.36 Dec(J2000.0) -29:24:59.8 Finding charts, light curve plots, photometric data (updated regularly) can be found at: http://vsnet.astrouw.edu.pl/~ogle/ogle2/ews/bul-46.html http://vsnet.astrouw.edu.pl/ogle/ogle2/ews/2000/bul-46.tar.gz *** Modelling of the event by Dr Shude Mao can be found at: http://astro.Princeton.EDU/~mao/model-ogle-46.html regards, OGLE team.