  We review the present status of the Baikal Deep Underwater Neutrino
Experiment. The construction and performance of the large deep underwater
Cherenkov detector for muons and neutrinos, NT-200 (Neutrino Telescope with 200
phototubes), which is currently under construction in Lake Baikal are
described. Some results obtained with the intermediate detectors NT-36
(1993-95), NT-72 (1995-96) and NT-96 (1996-97) are presented, including the
first clear neutrino candidates selected with 1994 and 1996 data.
