diff --git a/NEWS b/NEWS
index c0a0494..9e20de3 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,16 @@
+pkg-config 0.27.1
+===
+
+ - Various fixes for using the internal glib snapshot. It should now be
+   usable pretty much everywhere with the exception that universal
+   builds are not supported on OS X.
+ - Remove usage of gettext from the internal glib to avoid gettext and
+   libintl dependencies.
+ - Update internal glib snapshot to 2.32.4.
+ - Fix check for POSIX shell used in tests to work better.
+ - Handle spaces in autodetected prefix on Windows.
+ - Bugs fixed 3550, 51883, 52031, 53493.
+
 pkg-config 0.27
 ===
 
diff --git a/configure.ac b/configure.ac
index 37fe831..c6c24a2 100644
--- a/configure.ac
+++ b/configure.ac
@@ -1,6 +1,6 @@
 AC_PREREQ([2.62])
 AC_INIT([pkg-config],
-        [0.27],
+        [0.27.1],
         [https://bugs.freedesktop.org/enter_bug.cgi?product=pkg-config],
         [pkg-config])