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Published online by Cambridge University Press: 16 July 2018
We present results from long-term optical photometric observations of the Pre-Main Sequence (PMS) stars, located in the star formation region around the bright nebula NGC 7129. Using the long-term light curves and spectroscopic data, we tried to classify the PMS objects in the field and to define the reasons for the observed brightness variations. Our main goal is to explore the known PMS stars and discover new, young, variable stars. The new variable PMS star 2MASS J21403576+6635000 exhibits unusual brightness variations for very short time intervals (few minutes or hours) with comparatively large amplitudes (ΔI = 2.65 mag).