V368 Peg rapidly fading! The Kyoto observations (observers: M. Uemura and R. Ishioka) show that V368 Peg has rapidly faded. The present outburst may be either a normal outburst or a precursor outburst. Hump-like variations with an amplitude of ~0.1 mag seems to be present. Regards, Taichi Kato VSNET Collaboration team