They say it's going to hit into the Indian Ocean. So no reason to panic unless you're intending to go fishing there on that day.
http://news.yahoo.com/unidentified-space-junk-labelled-wtf-is-about-to-102543276.html
http://news.yahoo.com/unidentified-space-junk-labelled-wtf-is-about-to-102543276.html