diff --git a/configure.in b/configure.in
index 12270eb09..6b57a3373 100644
--- a/configure.in
+++ b/configure.in
@@ -1,5 +1,5 @@
 AC_PREREQ(2.60)
-AC_INIT([openocd], [0.4.0-dev],
+AC_INIT([openocd], [0.4.0-rc1],
   [OpenOCD Mailing List <openocd-development@lists.berlios.de>])
 AC_CONFIG_SRCDIR([src/openocd.c])