diff --git a/ChangeLog b/ChangeLog
index 84c4ffab3a..6ac004fd4c 100644
--- a/ChangeLog
+++ b/ChangeLog
@@ -1,3 +1,11 @@
+Summary of changes from v047 to v048
+============================================
+
+Greg Kroah-Hartman:
+  o fix udev_volume_id so it will now build properly
+  o fix scsi_id build errors due to changes in the main udev makefile
+
+
 Summary of changes from v046 to v047
 ============================================
 
diff --git a/Makefile b/Makefile
index 7d4396b9ed..01ebcc22b5 100644
--- a/Makefile
+++ b/Makefile
@@ -34,7 +34,7 @@ SENDER =	udevsend
 INFO =		udevinfo
 TESTER =	udevtest
 STARTER =	udevstart
-VERSION =	047
+VERSION =	048
 INSTALL_DIR =	/usr/local/bin
 RELEASE_NAME =	$(ROOT)-$(VERSION)
 LOCAL_CFG_DIR =	etc/udev
diff --git a/udev.spec b/udev.spec
index 05cd4933b7..56ca479113 100644
--- a/udev.spec
+++ b/udev.spec
@@ -29,7 +29,7 @@
 
 Summary: A userspace implementation of devfs
 Name: udev
-Version: 047
+Version: 048
 Release: 1
 License: GPL
 Group: Utilities/System