diff --git a/ChangeLog b/ChangeLog
index 78f93cfc9..bb7173c5e 100644
--- a/ChangeLog
+++ b/ChangeLog
@@ -1,4 +1,4 @@
-Changes in 4.2:
+Changes in 4.2rc1:
 - Make it possible to check individual files of a torrent
 - Data checks for multiple torrents can now get started at the same time (265611)
 - Make links clickable in the status tab comments field (266089)
diff --git a/ktorrent/main.cpp b/ktorrent/main.cpp
index 2f8a2581b..4b87abd4a 100644
--- a/ktorrent/main.cpp
+++ b/ktorrent/main.cpp
@@ -94,7 +94,7 @@ int main(int argc, char **argv)
 		"ktorrent", 0, ki18n("KTorrent"),
 		kt::VERSION_STRING, ki18n("Bittorrent client for KDE"),
 		KAboutData::License_GPL, 
-		ki18n("(C) 2005 - 2011 Joris Guisson and Ivan Vasic"), 
+		ki18n("(C) 2005 - 2012 Joris Guisson and Ivan Vasic"), 
 		KLocalizedString(),
 		"http://www.ktorrent.org/");
 
diff --git a/libktcore/ktversion.h b/libktcore/ktversion.h
index 2da9fbcbc..c2fb10ef2 100644
--- a/libktcore/ktversion.h
+++ b/libktcore/ktversion.h
@@ -23,14 +23,14 @@
 #include <version.h>
 #include "util/constants.h"
 
-#define KT_VERSION_MACRO "4.2dev"
+#define KT_VERSION_MACRO "4.2rc1"
 
 namespace kt
 {
 	const bt::Uint32 MAJOR = 4;
 	const bt::Uint32 MINOR = 2;
-	const bt::Uint32 RELEASE = 0;
-	const bt::VersionType VERSION_TYPE = bt::DEVEL;
+	const bt::Uint32 RELEASE = 1;
+	const bt::VersionType VERSION_TYPE = bt::RELEASE_CANDIDATE;
 	const char VERSION_STRING[] = KT_VERSION_MACRO;
 }