diff --git a/CHANGES b/CHANGES
index 9c1db259f6..6f58d52abd 100644
--- a/CHANGES
+++ b/CHANGES
@@ -1,3 +1,5 @@
+2012.05, Not released yet:
+
 2012.02, Released February 29th, 2012:
 
 	Updated/fixed packages: libecore
diff --git a/Makefile b/Makefile
index c9f0eab150..02405ddc5a 100644
--- a/Makefile
+++ b/Makefile
@@ -24,7 +24,7 @@
 #--------------------------------------------------------------
 
 # Set and export the version string
-export BR2_VERSION:=2012.02
+export BR2_VERSION:=2012.05-git
 
 # Check for minimal make version (note: this check will break at make 10.x)
 MIN_MAKE_VERSION=3.81