diff --git a/README.md b/README.md
index 8190c5f2d..b10a04c25 100644
--- a/README.md
+++ b/README.md
@@ -6,7 +6,7 @@ Ethereum
 Ethereum Go Development package (C) Jeffrey Wilcke
 
 Ethereum is currently in its testing phase. The current state is "Proof
-of Concept 5.0 RC11". For build instructions see the [Wiki](https://github.com/ethereum/go-ethereum/wiki/Building-Ethereum(Go)).
+of Concept 5.0 RC12". For build instructions see the [Wiki](https://github.com/ethereum/go-ethereum/wiki/Building-Ethereum(Go)).
 
 Ethereum Go is split up in several sub packages Please refer to each
 individual package for more information.
diff --git a/ethutil/config.go b/ethutil/config.go
index 4f7820eed..e992bda12 100644
--- a/ethutil/config.go
+++ b/ethutil/config.go
@@ -75,7 +75,7 @@ func ReadConfig(base string, logTypes LoggerType, g *globalconf.GlobalConf, id s
 	if Config == nil {
 		path := ApplicationFolder(base)
 
-		Config = &config{ExecPath: path, Debug: true, Ver: "0.5.0 RC11"}
+		Config = &config{ExecPath: path, Debug: true, Ver: "0.5.0 RC12"}
 		Config.conf = g
 		Config.Identifier = id
 		Config.Log = NewLogger(logTypes, LogLevelDebug)