%0 Journal Article %T The X-ray Transient XTE J2012+381 %A R. I. Hynes %A P. Roche %A P. A. Charles %A M. J. Coe %J Physics %D 1999 %I arXiv %R 10.1046/j.1365-8711.1999.02653.x %X We present optical and infrared observations of the soft X-ray transient (SXT) XTE J2012+381 and identify the optical counterpart with a faint red star heavily blended with a brighter foreground star. The fainter star is coincident with the radio counterpart and appears to show weak H alpha emission and to have faded between observations. The RXTE/ASM lightcurve of XTE J2012+381 is unusual for an SXT in that after an extended linear decay, it settled into a plateau state for about 40 days before undergoing a weak mini-outburst. We discuss the nature of the object and suggest similarities to long orbital period SXTs. %U http://arxiv.org/abs/astro-ph/9903282v1