diff --git a/README b/README
index cc65b89..01205d8 100644
--- a/README
+++ b/README
@@ -22,6 +22,17 @@ Changelog
 	than GIMP's Lancsoz3 and Windows 7 built-in resize.
 	
 	https://github.com/thebuzzmedia/imgscalr/issues/61
+	
+	* Fixed subtle bug with incremental scaling and Mode.FIT_EXACT causing the
+	incremental scaling to stop too soon resulting in the wrong-sized result
+	image.
+	
+	The stop-condition for incremental scaling assumed that in every case the
+	width AND height would be shrinking each iteration; when using 
+	Mode.FIT_EXACT this is not necessarily true as one dimension may not change
+	at all or stop changing before another.
+	
+	https://github.com/thebuzzmedia/imgscalr/issues/65 
 
 4.1
 	* Fixed NullPointerException that occurred when debugging was enabled
diff --git a/build.xml b/build.xml
index 74ecf3d..83978f4 100644
--- a/build.xml
+++ b/build.xml
@@ -23,7 +23,7 @@ limitations under the License.
 	<property name="javadoc.link.url" value="http://download.oracle.com/javase/6/docs/api/" />
 	
 	<property name="version.major" value="4" />
-	<property name="version.minor" value="1" />
+	<property name="version.minor" value="2" />
 
 	<property name="name.file" value="imgscalr-lib" />
 	<property name="name.file.javadoc" value="${name.file}-${version.major}.${version.minor}-javadoc.jar" />