diff --git a/NEWS b/NEWS
index 4b978703..f32d365a 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,5 @@
+xbps-0.48 (???):
+
 xbps-0.47 (2015-07-18):
 
  * When executing pkg configuration, override the umask with sane defaults.
diff --git a/configure b/configure
index 99ba1851..5a9f8c53 100755
--- a/configure
+++ b/configure
@@ -1,7 +1,7 @@
 #!/bin/sh
 # Try and be like autotools configure, but without autotools
 
-VERSION=0.47
+VERSION=0.48
 
 # Ensure that we do not inherit these from env
 OS=