During the period March-April 1997, a high flux level of TeV γ-rays was observed from Mkn 501, using the HEGRA stereoscopic system of four imaging atmospheric Cherenkov telescopes (IACTs). The almost background-free detection of γ-rays with a rate exceeding in average 100 h−1, coupled with good energy resolution of the instrument ⩽25% allowed a study of the flux variation on time scales between 5 min and days, and measurements of the differential energy spectrum of the source for selected periods. Here we briefly discuss the results of observations with emphasis on the measurements of temporal and spectral characteristics of the source at 3 subsequent periods in April when the average flux of the source showed a remarkable increase of the flux from about one to eight times the flux observed from the Crab Nebula.

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