We report on the results of a 50 ks BeppoSAX observation of 1RXS J170849-40
0910, one of the five (plus a candidate) known anomalous X- ray pulsars (AX
Ps). The BeppoSAX data are consistent with a power- law + blackbody spectra
l decomposition, making 1RXS J170849-400910 the fourth source of this class
for which such a spectral decomposition was found. The inferred power- law
slope and blackbody temperature are Gamma similar to 2.6 and kT(BB) simila
r to 0.46 keV, respectively. We find that the pulse profile is significantl
y energy- dependent, a remarkable feature for an AXP. By using the power- l
aw + blackbody decomposition, we detect a significant variation in at least
one spectral parameter, the power- law photon index, as a function of the
pulse phase. This is the first significant detection of a spectral paramete
r variation in an AXP. The implications of these results are briefly discus
sed.