diff --git a/Makefile.am b/Makefile.am
index 5ba8016cdbc..3481cc6ff5c 100644
--- a/Makefile.am
+++ b/Makefile.am
@@ -135,7 +135,7 @@ src_libfabric_la_LIBADD =
 src_libfabric_la_DEPENDENCIES = libfabric.map
 
 if !EMBEDDED
-src_libfabric_la_LDFLAGS += -version-info 10:0:9
+src_libfabric_la_LDFLAGS += -version-info 10:1:9
 endif
 src_libfabric_la_LDFLAGS += -export-dynamic \
 			   $(libfabric_version_script)
diff --git a/configure.ac b/configure.ac
index bef448801a9..4abbf19c71b 100644
--- a/configure.ac
+++ b/configure.ac
@@ -4,7 +4,7 @@ dnl
 dnl Process this file with autoconf to produce a configure script.
 
 AC_PREREQ([2.60])
-AC_INIT([libfabric], [1.5.1rc1], [ofiwg@lists.openfabrics.org])
+AC_INIT([libfabric], [1.5.1], [ofiwg@lists.openfabrics.org])
 AC_CONFIG_SRCDIR([src/fabric.c])
 AC_CONFIG_AUX_DIR(config)
 AC_CONFIG_MACRO_DIR(config)