We report on high sensitivity, spectral line VLBI observations of the HI ab
sorption feature in the radio galaxy NGC 4261. Although absorption is only
detectable on the most sensitive baseline, it can be unambiguously associat
ed with the counterjet and is interpreted to originate in a thin atomic cir
cumnuclear disk. This structure is probably a continuation of the dusty acc
retion disk inferred from HST imaging, which could be feeding the massive b
lack hole. Il I column densities in front of the counterjet of the order of
10(21)(T-sp/100 K) cm(-2) are derived, consistent with X-ray data and VLBI
scale free-free absorption. The data presented here are the result of the
first scientific project processed on the new EVN MkIV data processor.