diff --git a/Makefile.am b/Makefile.am
index 150f0d66..0176d67c 100644
--- a/Makefile.am
+++ b/Makefile.am
@@ -29,7 +29,7 @@ RELEASE = 1.4
 #  Libevent 1.4.1 was 2:0:0
 #  Libevent 1.4.2 should be 3:0:0
 #  Libevent 1.4.5 is 3:0:1 (we forgot to increment in the past)
-VERSION_INFO = 3:0:1
+VERSION_INFO = 3:1:1
 
 bin_SCRIPTS = event_rpcgen.py
 
diff --git a/configure.in b/configure.in
index f7053d39..bc7f0467 100644
--- a/configure.in
+++ b/configure.in
@@ -2,7 +2,7 @@ dnl configure.in for libevent
 dnl Dug Song <dugsong@monkey.org>
 AC_INIT(event.c)
 
-AM_INIT_AUTOMAKE(libevent,1.4.5-stable)
+AM_INIT_AUTOMAKE(libevent,1.4.6-stable)
 AM_CONFIG_HEADER(config.h)
 dnl AM_MAINTAINER_MODE