diff --git a/README b/README
index 205e69f2f7a74ef206269b283f3ada80ce9a3ad0..40da14186ecc8c6a160b0af90db40f0451387ce8 100644
--- a/README
+++ b/README
@@ -1,3 +1,5 @@
+TODO: this file needs to be overhauled
+
 ALBERTA  is an Adaptive multi-Level finite element toolbox using 
          Bisectioning refinement and Error control by Residual
          Techniques for scientific Applications.
@@ -35,7 +37,7 @@ V.   Some platform dependent notes and examples
 I) Introduction
 ===============
 
-This is ALBERTA Version 2.0. ALBERTA has a web-page
+This is ALBERTA Version 3.0. ALBERTA has a web-page
 at
 
         http://www.alberta-fem.de/
@@ -63,7 +65,7 @@ Contained in the package are the following sub-packages:
                 /                                            |--- Common/
                /                                             |--- alberta*/
               /_____________ demo/ __ src/ _______|--- 1d/
-alberta-2.0 /                                    |--- 2d/  
+alberta-3.0  /                                    |--- 2d/  
              \                                    |--- 3d/
               \                                   |--- 4d/
                \                                  |--- 5d/