  We present observations of the peculiar supernova SN 1998bw, which was
probably associated with GRB 980425. The photometric and spectroscopic
evolution is monitored up to 500 days past explosion. We also present modeling
based on spherically symmetric, massive progenitor models and very energetic
explosions. The models allow line identification and clearly show the
importance of mixing. From the late light curves we estimate that about 0.3-0.9
solar masses of ejected Nickel-56 is required to power the supernova.
