diff --git a/Makefile.am b/Makefile.am
index 6dc4d8c..4865e52 100644
--- a/Makefile.am
+++ b/Makefile.am
@@ -37,7 +37,7 @@
 	$(SED_PROCESS)
 
 LIBKMOD_CURRENT=4
-LIBKMOD_REVISION=0
+LIBKMOD_REVISION=1
 LIBKMOD_AGE=2
 
 noinst_LTLIBRARIES = libkmod/libkmod-util.la
diff --git a/NEWS b/NEWS
index 3f307bd..30e50c9 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,31 @@
+kmod 11
+=======
+
+- Improvements to testsuite:
+	- Fix testsuite defining symbols twice on 32 bit systems
+	- Allow to check generated files against correct ones
+
+- New features:
+	- libkmod now keeps a file opened after the first call to
+	  kmod_module_get_{info,versions,symbols,dependency_symbols}. This
+	  reduces signficantly the amount of time depmod tool takes to
+	  execute. Particularly if compressed modules are used.
+	- Remove --with-rootprefix from build system. It was not a great idea
+	  after all and should not be use since it causes more harm then
+	  benefits.
+	- Hide --wait option on rmmod. This feature is being targeted for
+	  removal from kernel. rmmod still accepts this option, but it's hidden
+	  now: man page and usage() says nothing about it and if it's used,
+	  user will get a 10s sleep. This way we can check and help if anyone
+	  is using this feature.
+	- Refactor message logging on all tools, giving proper prefix, routing
+	  everything to syslog when asked for, etc.
+
+- Bug fixes:
+	- Fix parsing of modules.order when using compressed modules
+	- Usage messages go to stdout instead of stderr
+	- Fix memory leak in hash implementation
+
 kmod 10
 =======
 
diff --git a/configure.ac b/configure.ac
index ce0946b..208102a 100644
--- a/configure.ac
+++ b/configure.ac
@@ -1,6 +1,6 @@
 AC_PREREQ(2.60)
 AC_INIT([kmod],
-	[10],
+	[11],
 	[linux-modules@vger.kernel.org],
 	[kmod],
 	[http://git.kernel.org/?p=utils/kernel/kmod/kmod.git])