THE 1.4 GHZ LIGHT-CURVE OF GRB-970508

We report on Westerbork 1.4 GHz radio observations of the radio counte rpart to gamma-ray burst GRB 970508, between 0.80 and 138 days after t his event. The 1.4 GHz light curve shows a transition from optically t hick to thin emission between 39 and 54 days after the event. We deriv e the slope p of the spectrum of injected electrons (dN/d gamma(e) pro portional to gamma(e)(-p)) in two independent ways, which yield values very close to p = 2.2. This is in agreement with a relativistic dynam ically near-adiabatic blast-wave model whose emission is dominated by synchrotron radiation and in which a significant fraction of the elect rons cool fast.