We present infrared and Raman measurements of magnetite (Fe3O4). This material is known to undergo a metal-insulator and a structural transition (Verwey transition) at T-V = 120 K. The structural aspect of the Verwey transition is disclosed by the appearance of additional infrared-active and Raman-active phonons. The frequencies of the infrared-active phonons show no significant singularities at the transition whereas their linewidths increase. The frequency and linewidth of the Raman-active phonon at 670 cm(-1) change abruptly at the transition. For T