  The results of ART-P/Granat observations of the X-ray burster SLX1732-304 in
the globular cluster Terzan 1 are presented. The X-ray (3-20 keV) fluxes from
the source differed by more than a factor of 4 during the observing sessions on
September 8 ($F_{\rm X}\simeq6.95\times10^{-10}$ erg cm$^{-2}$ s$^{-1}$) and
October 6, 1990 ($F_{\rm X}\simeq1.64\times10^{-10}$ erg cm$^{-2}$ s$^{-1}$).
The intensity variations of SLX1732-304 were apparently accompanied by
variations in its hardness: whereas the source in its high state had the
spectrum with a distinct exponential cutoff typical of bright low-mass X-ray
binaries, its low-state spectrum could be satisfactorily described by a simple
power law with a photon index $\alpha\simeq1.7$. During the ART-P observation
on September 8, a type I X-ray burst was detected from SLX1732-304.
