diff --git a/ChangeLog b/ChangeLog
index 3130a0fc0..32917998f 100644
--- a/ChangeLog
+++ b/ChangeLog
@@ -1,3 +1,8 @@
+2012-01-30  Richard Frith-Macdonald <rfm@gnu.org>
+
+	* Version: Bump version to 1.24.0 in preparation for release.
+	* NSTimeZones/NSTimeZones.tar: Update timezone information
+
 2012-01-30  Richard Frith-Macdonald <rfm@gnu.org>
 
 	* Source/NSJSONSerialization.m:
diff --git a/Documentation/ReleaseNotes.gsdoc b/Documentation/ReleaseNotes.gsdoc
index 43e6bef99..852bbb676 100644
--- a/Documentation/ReleaseNotes.gsdoc
+++ b/Documentation/ReleaseNotes.gsdoc
@@ -29,6 +29,14 @@ notice and this notice are preserved.
 	migrate to using a newer version of the library.
       </p>
 
+      <section>
+	<heading>Version 1.24.0</heading>
+        <p>A new stable release with many minor bugfixes and tweaks.<br />
+	With this release the official supported compiler for GNUstep
+	is gcc-4.0 and later.<br />
+	</p>
+      </section>
+
       <section>
 	<heading>Version 1.23.0</heading>
         <p>A new stable release with many minor bugfices and tweaks.<br />
diff --git a/NSTimeZones/NSTimeZones.tar b/NSTimeZones/NSTimeZones.tar
index 4db3e9e74..6cab25421 100644
Binary files a/NSTimeZones/NSTimeZones.tar and b/NSTimeZones/NSTimeZones.tar differ
diff --git a/Version b/Version
index f65734803..14b11f6b9 100644
--- a/Version
+++ b/Version
@@ -6,10 +6,10 @@ GCC_VERSION=4.0.0
 
 # The version number of this release.
 MAJOR_VERSION=1
-MINOR_VERSION=23
-SUBMINOR_VERSION=1
+MINOR_VERSION=24
+SUBMINOR_VERSION=0
 # numeric value should match above
-VERSION_NUMBER=123.1
+VERSION_NUMBER=124.0
 GNUSTEP_BASE_VERSION=${MAJOR_VERSION}.${MINOR_VERSION}.${SUBMINOR_VERSION}
 VERSION=${GNUSTEP_BASE_VERSION}