Electronic Telegram No. 1068 Central Bureau for Astronomical Telegrams INTERNATIONAL ASTRONOMICAL UNION M.S. 18, Smithsonian Astrophysical Observatory, Cambridge, MA 02138, U.S.A. IAUSUBS@CFA.HARVARD.EDU or FAX 617-495-7231 (subscriptions) CBAT@CFA.HARVARD.EDU (science) URL http://www.cfa.harvard.edu/iau/cbat.html SUPERNOVA 2007it IN NGC 5530 C. Contreras, N. Morrell and S. Gonzalez, on behalf of the Carnegie Supernova Project; and K.-G. Lee, Princeton University, report photometric and spectroscopic observations performed at Las Campanas Observatory that confirm the bright variable in NGC 5530 announced on CBET 1065 as a bona-fide supernova, now designated as 2007it. On u'-, g'-, r'-, i'-, B-, and V-band CCD images obtained on Sept. 14.03 UT at the 1-m Swope telescope, 2007it is found at R.A. = 14h18m25s.627, Decl. = -43o22'53".80 (equinox 2000.0), with B magnitude 13.1 +/- 0.3, relative to 40 field stars in the USNO-B1 catalogue. A spectrum (range 370-680 nm) obtained on Sept. 14.98 with the Boller & Chivens spectrograph attached to the 2.5-m du Pont telescope shows of blue continuum with superimposed Balmer lines displaying P-Cyg profiles, characteristic of young type-II supernovae. Adopting for the parent galaxy the recession velocity of 1193 km/s provided by the NED database (Koribalski et al. 2004, A.J. 128, 16), the minimum of the H_beta absorption yields an expansion velocity of 10960 km/s. From his CCD image taken on Sept. 13.45 UT (cf. CBET 1065), S. Quirk, Mudgee, N.S.W., reports the following precise position for SN 2007it: R.A. = 14h18m25s.57, Decl. = -43o22'54".0 (equinox 2000.0). Another image taken by Quirk the following night in better seeing conditions yields position end figures 25s.57, 54".2, and magnitude R = 13.8. NOTE: These 'Central Bureau Electronic Telegrams' are sometimes superseded by text appearing later in the printed IAU Circulars. (C) Copyright 2007 CBAT 2007 September 15 (CBET 1068) Daniel W. E. Green