diff --git a/configure.ac b/configure.ac
index 95d3703f17a689e3c8859af4d0b2373dc1b6865e..ca526f414cdfe4af519d681895c68fceb7cfaef8 100644
--- a/configure.ac
+++ b/configure.ac
@@ -5,9 +5,9 @@ AC_INIT(libcelt/arch.h)
 AM_CONFIG_HEADER([config.h])
 
 CELT_MAJOR_VERSION=0
-CELT_MINOR_VERSION=7
-CELT_MICRO_VERSION=1
-CELT_EXTRA_VERSION=
+CELT_MINOR_VERSION=8
+CELT_MICRO_VERSION=0
+CELT_EXTRA_VERSION=-git
 CELT_VERSION=$CELT_MAJOR_VERSION.$CELT_MINOR_VERSION.$CELT_MICRO_VERSION$CELT_EXTRA_VERSION
 LIBCELT_SUFFIX=0