  The black hole candidate V4641 Sgr (= SAX J1819.3-2525) went through a brief
outburst during 2003 Aug 01 to Aug 08. During the outburst, activity was noted
in optical, radio as well as X-rays. Here we present results of Spectral and
Temporal analysis of a pointed Rossi X-ray Timing Explorer (RXTE) observation
of the source during the outburst. During this pointing we observed flaring
activities with associated X-ray luminosity variations over factors of 5 or
more in timescales of few tens of seconds. The observed flares during are
intrinsically different in their spectral and temporal properties. We see
evidence of variable column density during one of the flares. The spectral and
temporal analyses of the data suggest occasional outflow/mass ejection.
