Dear colleagues, XTE J1118+480 continues its rapid decline. From the data during the last two weeks, the decline rate is calculated to be 0.073 mag/d. The unfiltered CCD magnitude is 14.61 on August 3 and 14.65 on August 4. If this decline rate is kept, the object will return the quescent level within this two months. Observations are urged. The light curve can be seen at: http://vsnet.kusastro.kyoto-u.ac.jp/vsnet/Xray/xtej1118-camp.html Regards, Makoto Uemura on behalf of VSNET XTE J1118+480 collaboration team