diff --git a/NEWS b/NEWS
new file mode 100644
index 00000000..5eb17caa
--- /dev/null
+++ b/NEWS
@@ -0,0 +1,8 @@
+0.2-beta1 (Sun Sep 5, 2010):
+
+	Hylke: Aside from the usual bug fixes and behind the scenes work I mainly
+	added features that increase productivity in the event logs. Not only does
+	it look a lot prettier, each entry in an event log now has a clickable link
+	for easy access to files. It refreshes automatically on new events as well.
+	The Nautilus plugin now	has the "Copy Web Link" context	menu item, which
+	makes sharing links a whole lot easier.
diff --git a/README b/README
index 74e4a7f3..fa879467 100644
--- a/README
+++ b/README
@@ -1,5 +1,5 @@
-SparkleShare 0.2 Alpha 1
-========================
+SparkleShare 0.2 Beta 1
+=======================
 
 SparkleShare is a file sharing and collaboration tool inspired by Dropbox. 
 
diff --git a/configure.ac b/configure.ac
index 37f64697..e45e276b 100644
--- a/configure.ac
+++ b/configure.ac
@@ -1,6 +1,6 @@
 dnl Process this file with autoconf to produce a configure script.
 m4_define([sparkleshare_version],
-	[0.2-alpha2])
+	[0.2-beta1])
 
 m4_define([sparkleshare_asm_version],
 	[0.2])