diff --git a/INSTALL b/INSTALL
index 47633284..0a724cd8 100644
--- a/INSTALL
+++ b/INSTALL
@@ -102,12 +102,12 @@ You can also run configure  in a separate build-only directory tree.  This
 feature requires GNU Make and allows you to keep the source code tree from
 being modified by  the compilation process.  To use  this option, create a
 separate build directory, then run  configure.  For example, if you placed
-the Star Traders source code tree in $HOME/src/trader-7.11,  you could run
+the Star Traders source code tree in $HOME/src/trader-7.12,  you could run
 something like:
 
-    mkdir $HOME/build/trader-build-7.11
-    cd $HOME/build/trader-build-7.11
-    $HOME/src/trader-7.11/configure
+    mkdir $HOME/build/trader-build-7.12
+    cd $HOME/build/trader-build-7.12
+    $HOME/src/trader-7.12/configure
 
 Once again, the Autoconf manual describes these options (and many others):
 
diff --git a/configure.ac b/configure.ac
index c17ec633..d0c1f738 100644
--- a/configure.ac
+++ b/configure.ac
@@ -26,7 +26,7 @@ dnl You should have received a copy of the GNU General Public License
 dnl along with this program.  If not, see http://www.gnu.org/licenses/.
 
 
-AC_INIT([Star Traders], [7.11], [J.Zaitseff@zap.org.au], [trader],
+AC_INIT([Star Traders], [7.12], [J.Zaitseff@zap.org.au], [trader],
         [http://www.zap.org.au/software/trader/])
 AC_DEFINE([PACKAGE_AUTHOR], ["John Zaitseff"], [Package author])