The Search for Neutrino Oscillations numubar->nuebar with KARMEN

The neutrino experiment KARMEN is situated at the beam stop neutrino source ISIS. It provides numu's, nue's and numubar's in equal intensities from the pi+ mu+ decay at rest (DAR). The oscillation channel numub->nueb is investigated in the appearance mode with a 56t liquid scintillation calorimeter at a mean distance of 17.7m from the nu source looking for p(nue,e+)n reactions. The cosmic induced background for this oscillation search could be reduced by a factor of 40 due to an additional veto counter installed in 1996. In the data collected through 1997 and 1998 no potential oscillation event was observed. Using a unified approach to small signals this leads to an upper limit for the mixing angle of sin**2(2t) < 1.3x10^{-3} (90%CL) at large Dm**2. The excluded area in (sin**2(2t),Dm**2) covers almost entirely the favored region defined by the LSND numub->nueb evidence.