diff --git a/doc/APIchanges b/doc/APIchanges
index 706acfb009..7e5efe8846 100644
--- a/doc/APIchanges
+++ b/doc/APIchanges
@@ -5,7 +5,7 @@ The last version increases were:
 libavcodec:  2012-01-27
 libavdevice: 2011-04-18
 libavfilter: 2011-04-18
-libavformat: 2011-04-18
+libavformat: 2012-01-27
 libpostproc: 2011-04-18 (deprecated, to be removed later)
 libswscale:  2011-06-20
 libavutil:   2011-04-18
diff --git a/libavformat/version.h b/libavformat/version.h
index cdea318eba..af3bb03a97 100644
--- a/libavformat/version.h
+++ b/libavformat/version.h
@@ -29,8 +29,8 @@
 
 #include "libavutil/avutil.h"
 
-#define LIBAVFORMAT_VERSION_MAJOR 53
-#define LIBAVFORMAT_VERSION_MINOR 23
+#define LIBAVFORMAT_VERSION_MAJOR 54
+#define LIBAVFORMAT_VERSION_MINOR  0
 #define LIBAVFORMAT_VERSION_MICRO  0
 
 #define LIBAVFORMAT_VERSION_INT AV_VERSION_INT(LIBAVFORMAT_VERSION_MAJOR, \