diff --git a/ChangeLog b/ChangeLog
index 2111f6fe9..c1ff7b863 100644
--- a/ChangeLog
+++ b/ChangeLog
@@ -1,3 +1,13 @@
+Wed Aug 03 2022 Łukasz Stolarczuk <lukasz.stolarczuk@intel.com>
+
+	* Version 1.3.1-rc1
+
+	This is the last bugfix release for pmemkv 1.3 version.
+	Maintenance of this version is no longer supported.
+
+	It contains all bugfixes and updates from previous patch releases
+	(1.2.1, 1.1.1, 1.0.3).
+
 Tue Jul 06 2021 Łukasz Stolarczuk <lukasz.stolarczuk@intel.com>
 
 	* Version 1.2.1
diff --git a/VERSION b/VERSION
new file mode 100644
index 000000000..cd51a2192
--- /dev/null
+++ b/VERSION
@@ -0,0 +1 @@
+1.3.1-rc1