diff --git a/NEWS b/NEWS
index 90a574be8c..76bbe5535a 100644
--- a/NEWS
+++ b/NEWS
@@ -1,6 +1,40 @@
 Version history:
 ------- -------
 
+ 2.1.2 - 13 May 2007
+ 	 o Welcome to GnuCash 2.1.2 aka "Mother's Day"the third of several
+	 unstable releasesof the GnuCash Open Source Accounting Software which
+	 will eventually lead to the stable version 2.2.0. With this new
+	 release series, GnuCash is available on Microsoft Windows for the
+	 first time, and it also runs on GNU/Linux, *BSD, Solaris and Mac OSX.
+	 This release is intended for developers and testers who want to help
+	 tracking down bugs.
+	 o WARNING: Make sure you make backups of any files used in testing
+	 versions of GnuCash in the 2.1.x series. Although the developers go
+	 to great lengths to ensure that no data will be lost we cannot
+	 guarantee that your data will not be affected if for some reason
+	 GnuCash crashes in testing these releases.
+	 o Please test any and all features important to you. Then post any
+	 bugs you find to bugzilla
+	 http://bugzilla.gnome.org/enter_bug.cgi?product=GnuCash
+	 o Compared to the 2.0.x series, there are only very few user-visible
+	 new features, except for the completed port to the Microsoft Windows
+	 operating system. Minor new features compared to the 2.0.x series
+	 are;
+	 o The Scheduled Transaction Editor and Management dialogs have been
+	 integrated into the overall GnuCash User Interface to give the user a
+	 more consistent experience in creating scheduled transactions.
+	 o Internally, the programming language wrappers are no longer being
+	 generated by the not-so-well-maintained package "g-wrap" but instead
+	 by the well-established wrapper generator "SWIG". In effect, gnucash
+	 does no longer depend on g-wrap anymore but uses SWIG now.
+	 o New printing formats for check printing
+	 o Bugfixes and improvements since the last version 2.1.0 include:
+	 o Internal GObject integration is much more advanced by now
+	 o Crash on OFX import crashing has been fixed
+	 o Windows timezone problems fixed
+	 o Some memory leaks have been fixed
+
  2.1.1 - 28 Apr 2007
  	 o Welcome to GnuCash 2.1.1 aka "Bug-begone" the second of several
 	 unstable releasese releases of the GnuCash Open Source Accounting
diff --git a/configure.in b/configure.in
index 28c52e87c4..d4de792da4 100644
--- a/configure.in
+++ b/configure.in
@@ -20,7 +20,7 @@ dnl Process this file with autoconf to produce a configure script.
 
 # Autoconf initialization
 AC_PREREQ(2.59)
-AC_INIT([gnucash], [2.1.1], [gnucash-devel@gnucash.org])
+AC_INIT([gnucash], [2.1.2], [gnucash-devel@gnucash.org])
 AC_CONFIG_HEADERS(config.h)
 AC_CONFIG_SRCDIR(src/engine/Transaction.h)