diff --git a/README b/README
index 8f2e47bf..bb768a44 100644
--- a/README
+++ b/README
@@ -1,4 +1,4 @@
-This is the README file for tinc version 0.3.
+This is the README file for tinc version 1.0.
 Installation instructions may be found in the INSTALL file.
 
 tinc is Copyright (C) 1998,99 Ivo Timmermans <zarq@iname.com> and