That asteroid is now known as (99942) Apophis. It will approach the Earth very closely indeed in 2029 (approximately 32,000 kms; that's exceptionally
close for an object as large as 300 metres in diameter).
The reason that astronomers can't yet conclusively rule out an impact in 2036 is because the orbit of the asteroid will be significantly changed by
the Earth's gravity during the 2029 close approach. A very slight discrepancy in the calculated position and velocity of the asteroid at this time
would result in a massive difference seven years later.



