diff --git a/config.lib b/config.lib
index fda308f811..baf7749d10 100644
--- a/config.lib
+++ b/config.lib
@@ -5,7 +5,7 @@ log() {
 }
 
 set_default() {
-	released_version=""
+	released_version="0.7.1-RC1"
 
 	ignore_extra_parameters="0"
 	# We set all kinds of defaults for params. Later on the user can override
diff --git a/projects/determineversion.vbs b/projects/determineversion.vbs
index bcc68456c2..85121fd985 100755
--- a/projects/determineversion.vbs
+++ b/projects/determineversion.vbs
@@ -32,6 +32,7 @@ Sub UpdateFiles(version)
 		modified = Mid(version, InStrRev(version, Chr(9)) + 1)
 		version  = Mid(version, 1, InStr(version, Chr(9)) - 1)
 	Else
+		version = "0.7.1-RC1"
 		revision = 0
 		modified = 1
 	End If
diff --git a/src/ottdres.rc.in b/src/ottdres.rc.in
index 4652a51738..456a0266aa 100644
--- a/src/ottdres.rc.in
+++ b/src/ottdres.rc.in
@@ -64,8 +64,8 @@ END
 //
 
 VS_VERSION_INFO VERSIONINFO
- FILEVERSION 0,7,0,@@REVISION@@
- PRODUCTVERSION 0,7,0,@@REVISION@@
+ FILEVERSION 0,7,1,16279
+ PRODUCTVERSION 0,7,1,16279
  FILEFLAGSMASK 0x3fL
 #ifdef _DEBUG
  FILEFLAGS 0x1L
@@ -83,14 +83,14 @@ BEGIN
             VALUE "Comments", "This program is licensed under the GNU General Public License.\0"
             VALUE "CompanyName", "OpenTTD Development Team\0"
             VALUE "FileDescription", "OpenTTD\0"
-            VALUE "FileVersion", "Development @@VERSION@@\0"
+            VALUE "FileVersion", "0.7.1-RC1\0"
             VALUE "InternalName", "openttd\0"
             VALUE "LegalCopyright", "Copyright \xA9 OpenTTD Developers 2002-2009. All Rights Reserved.\0"
             VALUE "LegalTrademarks", "\0"
             VALUE "OriginalFilename", "openttd.exe\0"
             VALUE "PrivateBuild", "\0"
             VALUE "ProductName", "OpenTTD\0"
-            VALUE "ProductVersion", "Development @@VERSION@@\0"
+            VALUE "ProductVersion", "0.7.1-RC1\0"
             VALUE "SpecialBuild", "-\0"
         END
     END
diff --git a/src/rev.cpp.in b/src/rev.cpp.in
index bae5c6085b..ecc992b181 100644
--- a/src/rev.cpp.in
+++ b/src/rev.cpp.in
@@ -20,7 +20,7 @@
  * norev000 is for non-releases that are made on systems without
  * subversion or sources that are not a checkout of subversion.
  */
-const char _openttd_revision[] = "@@VERSION@@";
+const char _openttd_revision[] = "0.7.1-RC1";
 
 /**
  * Let us know if current build was modified. This detection
@@ -45,11 +45,11 @@ const byte _openttd_revision_modified = @@MODIFIED@@;
  * final release will always have a lower version number than the released
  * version, thus making comparisions on specific revisions easy.
  */
-const uint32 _openttd_newgrf_version = 0 << 28 | 7 << 24 | 0 << 20 | 0 << 19 | (@@REVISION@@ & ((1 << 19) - 1));
+const uint32 _openttd_newgrf_version = 0 << 28 | 7 << 24 | 1 << 20 | 0 << 19 | (16279 & ((1 << 19) - 1));
 
 #ifdef __MORPHOS__
 /**
  * Variable used by MorphOS to show the version.
  */
-extern const char morphos_versions_tag[] = "$VER: OpenTTD @@VERSION@@ (@@DATE@@) OpenTTD Team [MorphOS, PowerPC]";
+extern const char morphos_versions_tag[] = "$VER: OpenTTD 0.7.1-RC1 (@@DATE@@) OpenTTD Team [MorphOS, PowerPC]";
 #endif