diff --git a/configure.ac b/configure.ac
index b23c1327ed..ff6957f075 100644
--- a/configure.ac
+++ b/configure.ac
@@ -3,7 +3,7 @@ AC_CANONICAL_TARGET([])
 
 dnl when going to/from release please set the nano (fourth number) right !
 dnl releases only do Wall, cvs and prerelease does Werror too
-AS_VERSION(gstreamer, GST_VERSION, 0, 7, 0, 1, GST_CVS="no", GST_CVS="yes")
+AS_VERSION(gstreamer, GST_VERSION, 0, 7, 1, 0, GST_CVS="no", GST_CVS="yes")
 
 if test x$program_suffix = xNONE ; then
   program_suffix=-$GST_VERSION_MAJOR.$GST_VERSION_MINOR