diff --git a/ArduCopter/ArduCopter.pde b/ArduCopter/ArduCopter.pde
index a97dcae5ae..f222663ae0 100644
--- a/ArduCopter/ArduCopter.pde
+++ b/ArduCopter/ArduCopter.pde
@@ -1,6 +1,6 @@
 /// -*- tab-width: 4; Mode: C++; c-basic-offset: 4; indent-tabs-mode: nil -*-
 
-#define THISFIRMWARE "ArduCopter V3.0.0"
+#define THISFIRMWARE "ArduCopter V3.0.1"
 /*
  *  ArduCopter Version 3.0
  *  Creator:        Jason Short
diff --git a/ArduCopter/ReleaseNotes.txt b/ArduCopter/ReleaseNotes.txt
index 5105dd5581..c47b1193df 100644
--- a/ArduCopter/ReleaseNotes.txt
+++ b/ArduCopter/ReleaseNotes.txt
@@ -1,5 +1,10 @@
 ArduCopter Release Notes:
 ------------------------------------------------------------------
+ArduCopter 3.0.1 26-Jun-2013
+Improvements over 3.0.0
+1) bug fix to Fence checking position after GPS lock was lost
+2) bug fix to LAND so that it does not attempt to maintain horizontal position without GPS lock
+------------------------------------------------------------------
 ArduCopter 3.0.0 / 3.0.0-rc6 16-Jun-2013
 Improvements over 3.0.0-rc5
 1) bug fix to Circle mode's start position (was moving to last loiter target)