****************************************************** PR # 42016 V471 Tauri is a ``touchstone'' system for a wide range of important areas of stellar research, including stellar evolution, cataclysmic variables, open clusters, binary stars, stellar activity, and red and white dwarf physics. It is one of the brightest X-ray sources in the Hyades. Following on our successful EUVE/optical/radio campaign, we propose the first ASCA observation of this star in order to study the distribution of heated plasma in the V471 Tau system and to look for evidence for the origin of the soft X-rays: stellar activity, or interaction between the K dwarf and the white dwarf. ******************************************************