diff --git a/CHANGES b/CHANGES
index 5607317815..a10fa18f82 100644
--- a/CHANGES
+++ b/CHANGES
@@ -1,3 +1,5 @@
+2011.08, Not released yet:
+
 2011.05, Released May 27th, 2011:
 
 	Updated/fixed packages: makedevs
diff --git a/Makefile b/Makefile
index 893921bcc8..f3bdf3b800 100644
--- a/Makefile
+++ b/Makefile
@@ -24,7 +24,7 @@
 #--------------------------------------------------------------
 
 # Set and export the version string
-export BR2_VERSION:=2011.05
+export BR2_VERSION:=2011.08-git
 
 # This top-level Makefile can *not* be executed in parallel
 .NOTPARALLEL: