diff --git a/configure.ac b/configure.ac
index 71849f19..08372026 100644
--- a/configure.ac
+++ b/configure.ac
@@ -1,5 +1,5 @@
 AC_PREREQ([2.63])
-AC_INIT([ostree], [2012.0], [walters@verbum.org])
+AC_INIT([ostree], [2012.1], [walters@verbum.org])
 AC_CONFIG_HEADER([config.h])
 AC_CONFIG_MACRO_DIR([m4])
 AC_CONFIG_AUX_DIR([build-aux])