  We investigate the consequences of possible medium modifications of the phi
meson at finite nuclear matter density on the K+K- mass distribution in
photonuclear reactions. The inclusive cross sections for K+K- pair production
are calculated within a semi--classical BUU transport model, which combines the
initial state interaction of the incoming photon with the final state
interactions of the produced particles. The effects of final state interactions
on the invariant mass distribution of the observed K+K- pairs are discussed in
detail. In addition we calculate the Coulomb correction and possible effects of
hadronic kaon potentials on the K+K- mass spectrum. Due to the large cross
sections for reactions of the final state particles with the surrounding
nuclear medium and the influence of the Coulomb potential we find no measurable
sensitivity of the observables to the phi properties at finite baryon density.
