diff --git a/NEWS b/NEWS
index bbf79e2a..bceb1f8a 100644
--- a/NEWS
+++ b/NEWS
@@ -1,6 +1,13 @@
-This is charybdis 3.0.0, Copyright (c) 2005-2008 Charybdis team.
+This is charybdis 3.0.1, Copyright (c) 2005-2008 Charybdis team.
 See LICENSE for licensing details (GPL v2).
 
+-- charybdis-3.0.1
+
+- Fix occasional hung clients with kqueue.
+- Fix a rare ssld crash.
+- Fix a bug that could cause incorrect connect failure reasons to be
+  reported.
+
 -- charybdis-3.0.0
 
 - Port the IRCd to libratbox, which has improved our portability and allows
diff --git a/configure.ac b/configure.ac
index 606e793f..919cc3a0 100644
--- a/configure.ac
+++ b/configure.ac
@@ -10,7 +10,7 @@ AC_PREREQ(2.57)
 dnl Sneaky way to get an Id tag into the configure script
 AC_COPYRIGHT([$Id: configure.ac 3516 2007-06-10 16:14:03Z jilles $])
 
-AC_INIT([charybdis],[3.0.0])
+AC_INIT([charybdis],[3.0.1])
 
 AC_CONFIG_HEADER(include/setup.h)