diff --git a/NEWS b/NEWS
index 1c93868d5c56040ee385ec700fbb5020d2e0e83c..db8e6c41f554201945819eb907d4d7b4e73ba523 100644
--- a/NEWS
+++ b/NEWS
@@ -1,6 +1,17 @@
 News
 ====
 
+Version 2.4.1
+-------------
+
+*(Released Wed, 09 Mar 2011)*
+
+Emergency bug-fix release. ``tools/cfgupgrade`` was broken and overwrote
+the RAPI users file if run twice (even with ``-dry-run``).
+
+The release fixes that bug (nothing else changed).
+
+
 Version 2.4.0
 -------------
 
diff --git a/configure.ac b/configure.ac
index 031a5fcd2f1d97dc2eb70d5b3cf3ad203b84d1c3..97b61f0d570ef8dca30e35ae6548e7937588802a 100644
--- a/configure.ac
+++ b/configure.ac
@@ -1,7 +1,7 @@
 # Configure script for Ganeti
 m4_define([gnt_version_major], [2])
 m4_define([gnt_version_minor], [4])
-m4_define([gnt_version_revision], [0])
+m4_define([gnt_version_revision], [1])
 m4_define([gnt_version_suffix], [])
 m4_define([gnt_version_full],
           m4_format([%d.%d.%d%s],