An international observing campaign was organized to determine the physical
and chemical characteristics of asteroid 4979 Otawara, which is the first
target of the Rosetta mission (flyby on July 10, 2006). Knowledge of the ph
ysical parameters of the flyby targets is required for both refinement of t
he design of the spacecraft and the instrument payload, and optimization of
the mission trajectory and scenarios. We present the results of observatio
ns obtained from December, 1998 through March, 1999. The spectral classific
ation of 4979 Otawara could be either a pyroxene and/or olivine-rich S-type
asteroid or a V-type asteroid, a member of the Vesta dynamical family. Fur
ther observations are needed in order to discriminate between the two spect
ral types. The synodic rotation period of Otawara is P-syn = 2.107 +/- 0.00
5 hr. The lower limit for the axial ratio of the enveloping ellipsoid is a/
b greater than or equal to 1.3. The circular effective radius is 2.0 or 1.3
km in the case of an S-type or a V-type asteroid, respectively. A lower li
mit on its density is obtained: rho(min) greater than or equal to 1.9 g cm(
-3) if we assume that Otawara is an aggregate or rubble pile object. Howeve
r, if Otawara is a single solid body, no constraint can be set on its densi
ty. 4979 Otawara is a small, fast rotating asteroid (FRA) and hence, will b
e a particularly interesting target to be studied from a spacecraft, since
no fast rotator has been visited yet.