diff --git a/LICENSE b/LICENSE
new file mode 100644
index 0000000..0d5bf88
--- /dev/null
+++ b/LICENSE
@@ -0,0 +1,21 @@
+MIT LICENSE
+
+Copyright (c) 2011 Per Christian B. Viken <perchr@northblue.org>
+
+Permission is hereby granted, free of charge, to any person obtaining a copy
+of this software and associated documentation files (the "Software"), to deal
+in the Software without restriction, including without limitation the rights
+to use, copy, modify, merge, publish, distribute, sublicense, and/or sell
+copies of the Software, and to permit persons to whom the Software is
+furnished to do so, subject to the following conditions:
+
+The above copyright notice and this permission notice shall be included in
+all copies or substantial portions of the Software.
+
+THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR
+IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY,
+FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE
+AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER
+LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM,
+OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN
+THE SOFTWARE.
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diff --git a/README b/README
index 89d6025..3ccd507 100644
--- a/README
+++ b/README
@@ -31,4 +31,10 @@ Or one of the themes
     //= require highcharts/themes/gray
     //= require highcharts/themes/grid
 
-Other than that, refer to the [Highcharts documentation](http://highcharts.com/documentation/how-to-use)
\ No newline at end of file
+Other than that, refer to the [Highcharts documentation](http://highcharts.com/documentation/how-to-use)
+
+## Licensing
+
+Highcharts, which makes up the majority of this gem, has [its own, separate licensing](http://highcharts.com/license).
+
+The gem itself is released under the MIT license
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