diff --git a/Makefile.am b/Makefile.am
index fca032f768dce661eeb71a5bfccaec29f9bad414..31152d56c45b197a06ddd18a9bde94d8df07b96e 100644
--- a/Makefile.am
+++ b/Makefile.am
@@ -14,7 +14,7 @@ pkgconfigdir = $(libdir)/pkgconfig
 pkgconfig_DATA = liboop.pc liboop-glib2.pc
 
 # versions updated as of 1.0
-liboop_la_LDFLAGS = -version-info 4:1:0 # version:revision:age
+liboop_la_LDFLAGS = -version-info 5:0:1 # version:revision:age
 liboop_la_SOURCES = sys.c select.c signal.c alloc.c read.c read-fd.c read-mem.c
 
 liboop_adns_la_LDFLAGS = -version-info 3:0:0 -rpath '$(libdir)'
diff --git a/configure.ac b/configure.ac
index 9dafa6d79af74ac20b0e3bc191920a99a8bc09b6..e95956e6f974a28fe8c2e0bfd61939c5a9d16470 100644
--- a/configure.ac
+++ b/configure.ac
@@ -1,6 +1,6 @@
 dnl Process this file with autoconf to produce a configure script.
 AC_INIT(INSTALL)
-AM_INIT_AUTOMAKE(liboop,1.0)
+AM_INIT_AUTOMAKE(liboop,1.0.1)
 AC_CANONICAL_HOST
 AM_PROG_LIBTOOL
 AC_PROG_CC