diff --git a/packages/addons/multimedia/libav/changelog.txt b/packages/addons/multimedia/libav/changelog.txt
index 019076164d..da5fc454c5 100644
--- a/packages/addons/multimedia/libav/changelog.txt
+++ b/packages/addons/multimedia/libav/changelog.txt
@@ -1,3 +1,7 @@
+1.0.0
+- update to libav-0.7.2
+- prepare for OpenELEC-1.0 release
+
 0.99.3
 - update to libav-0.7 (final)
 
diff --git a/packages/addons/multimedia/libav/meta b/packages/addons/multimedia/libav/meta
index 67991f0694..e8abec953e 100644
--- a/packages/addons/multimedia/libav/meta
+++ b/packages/addons/multimedia/libav/meta
@@ -19,8 +19,8 @@
 ################################################################################
 
 PKG_NAME="libav"
-PKG_VERSION="0.7"
-PKG_REV="3"
+PKG_VERSION="0.7.2"
+PKG_REV="0"
 PKG_ARCH="any"
 PKG_LICENSE="GPL"
 PKG_SITE="http://www.libav.org"