diff --git a/configure.ac b/configure.ac
index 3028b419d6..d98a7a764e 100644
--- a/configure.ac
+++ b/configure.ac
@@ -27,7 +27,7 @@ AC_DEFINE_UNQUOTED(GST_VERSION_RELEASE, "$GST_VERSION_RELEASE")
 AC_SUBST(GST_VERSION_RELEASE)
 
 dnl libtool
-GST_CURRENT=1
+GST_CURRENT=2
 GST_REVISION=0
 GST_AGE=0
 GST_LIBVERSION=$GST_CURRENT:$GST_REVISION:$GST_AGE