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DATE=8/14/2000 TYPE=CORRESPONDENT REPORT TITLE=RUSSIA / SUB (S) NUMBER=2-265430 BYLINE=BILL GASPERINI DATELINE=MOSCOW CONTENT= VOICED AT: INTRO: A Russian nuclear submarine is lying crippled on the sea bottom in Arctic waters. Officials say the submarine's engine failed and it sank during a routine exercise. A Russian spokesman says there are no radiation leaks. As Bill Gasperini reports from Moscow, rescue operations have begun. TEXT: Rescue vessels have arrived at the scene and have established radio contact with the crew of the stricken submarine, which is lying on the bottom of the Barents Sea in the Russian Arctic. A Russian Navy official says there are no nuclear weapons on board the sub, which was taking part in routine exercises when it began to malfunction. The technical problems forced the sub to descend to the sea floor. The navy spokesman says the submarine's nuclear- powered engine has been taken off-line, and that no radiation leaks are reported. Known as the Kursk, the submarine is one of the newest in the Russian fleet, having gone into service in 1995. The Kursk can carry up to 24 nuclear ballistic missiles; it normally has more than 100 crew members on board. The Russian military has experienced numerous problems in recent years, primarily due to a lack of funding. There has been little money available to properly maintain weapons, vehicles and other equipment, and accidents have been common. (Signed) NEB/BG/WTW 14-Aug-2000 05:47 AM LOC (14-Aug-2000 0947 UTC) NNNN Source: Voice of America .