diff --git a/NEWS b/NEWS
index 19ceb6c..865bc9e 100644
--- a/NEWS
+++ b/NEWS
@@ -1,5 +1,7 @@
 pam_yubico NEWS -- History of user-visible changes.             -*- outline -*-
 
+* Version 2.5 (unreleased)
+
 * Version 2.4 (released 2010-09-10)
 
 ** New keyword "verbose_otp" to allow displaying OTP characters.
diff --git a/configure.ac b/configure.ac
index 15779ab..1df0598 100644
--- a/configure.ac
+++ b/configure.ac
@@ -26,7 +26,7 @@
 # (INCLUDING NEGLIGENCE OR OTHERWISE) ARISING IN ANY WAY OUT OF THE USE
 # OF THIS SOFTWARE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGE.
 
-AC_INIT([pam_yubico], [2.4], [simon@yubico.com])
+AC_INIT([pam_yubico], [2.5], [simon@yubico.com])
 AC_CONFIG_AUX_DIR([build-aux])
 AC_CONFIG_MACRO_DIR([m4])
 AM_INIT_AUTOMAKE([foreign])