diff --git a/README.md b/README.md
index c35765521..1f9f1095f 100644
--- a/README.md
+++ b/README.md
@@ -4,7 +4,12 @@ Repository for the analysis of MAGIC and MAGIC+LST1 data, based on [*ctapipe*](h
 
 * Code: https://github.com/cta-observatory/magic-cta-pipe
 
-v0.2.0 of *magic-cta-pipe* provides all the functionalities to perform a MAGIC+LST-1 or a MAGIC-only analysis. Both types of analyses can be performed using the scripts within the *lst1_magic* folder. See the [README](https://github.com/cta-observatory/magic-cta-pipe/blob/master/magicctapipe/scripts/lst1_magic/README.md) for more details on how to run the analysis.
+v0.3.1 of *magic-cta-pipe* provides all the functionalities to perform a MAGIC+LST-1 or a MAGIC-only analysis. Both types of analyses can be performed using the scripts within the *lst1_magic* folder.
+See the [README](https://github.com/cta-observatory/magic-cta-pipe/blob/master/magicctapipe/scripts/lst1_magic/README.md) for more details on how to run the analysis.
+
+**NOTE**
+
+v0.3.1 of *magic-cta-pipe* will be the last one before cleanup of old files. Also the last one supporting ctapipe v0.12 and most probably having backward incompatible changes!
 
 # Installation for users