diff --git a/wxPython/setup.py b/wxPython/setup.py
index e9774cb6a8..aa1ad54fdf 100755
--- a/wxPython/setup.py
+++ b/wxPython/setup.py
@@ -13,7 +13,7 @@ from distutils.command.install_data import install_data
 # flags and values that affect this script
 #----------------------------------------------------------------------
 
-VERSION          = "2.4.0.6"
+VERSION          = "2.4.0.7p1"
 DESCRIPTION      = "Cross platform GUI toolkit for Python"
 AUTHOR           = "Robin Dunn"
 AUTHOR_EMAIL     = "Robin Dunn <robin@alldunn.com>"
diff --git a/wxPython/src/__version__.py b/wxPython/src/__version__.py
index f56c9be1a3..b8265abf5f 100644
--- a/wxPython/src/__version__.py
+++ b/wxPython/src/__version__.py
@@ -1 +1 @@
-ver = '2.4.0.6'
+ver = '2.4.0.7p1'