GRB 990413 shows a very hard spectrum (with a low energy spectral component F(E) propto E^{2.49}) which is well represented by a black body model with characteristic temperature ~70 keV. It thus belongs to the subset of GRBs which might be revealing a thermal phase. We find that the temperature/luminosity evolution is consistent with that found in the other ``thermal GRBs. The time resolved spectral analysis indicates the presence of a second non--thermal component contributing (for about 1 s) up to 30 per cent of the total flux. Differently from the other thermal GRBs, GRB 990413 shows significantly high level of variability and the evolution of the thermal/non--thermal spectral components is strongly correlated with the flux variations. This GRB thus offers the unique opportunity to test the standard fireball photospheric and internal shock phases and their reciprocal influence. GRB 990413 was not selected on the basis of its spectrum and thus hints to the possibility that this early behavior might be more common than currently known.
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