diff --git a/ChangeLog b/ChangeLog
index 344903d4..38fd76b4 100644
--- a/ChangeLog
+++ b/ChangeLog
@@ -1,3 +1,5 @@
+21/1/14 started 7.39.0
+
 19/1/14 started 7.38.1
 - bump soname, thanks benjamin
 - better conversion to and from scrgb/xyz for rad (hdr) 
diff --git a/TODO b/TODO
index 701fda57..29f514c4 100644
--- a/TODO
+++ b/TODO
@@ -1,3 +1,10 @@
+- inplace
+
+	can we set a region for the pixels we will modify?
+
+	is there any point doing this? only useful on 32-bit machines, which
+	don't really exist any more
+
 
 - need to do mosaicing and inplace, plus im_label_regions in morph
 
@@ -28,6 +35,13 @@
 
 - vipsthumbnail could shrink-on-load openslide and pyr tiff as well?
 
+  we have "shrink" for jpegload, move this into the base loader
+
+  support it for tiff and openslide as well
+
+  use it from nip2 for zooming? only if the partial flag is set though, we
+  don't want to use it on jpg files
+
 - use the webp advanced encoding api to set a write function for webp save to
   file
 
diff --git a/configure.ac b/configure.ac
index e314ed56..3a079bd9 100644
--- a/configure.ac
+++ b/configure.ac
@@ -2,7 +2,7 @@
 
 # also update the version number in the m4 macros below
 
-AC_INIT([vips], [7.38.1], [vipsip@jiscmail.ac.uk])
+AC_INIT([vips], [7.39.0], [vipsip@jiscmail.ac.uk])
 # required for gobject-introspection
 AC_PREREQ(2.62)
 
@@ -16,8 +16,8 @@ AC_CONFIG_MACRO_DIR([m4])
 
 # user-visible library versioning
 m4_define([vips_major_version], [7])
-m4_define([vips_minor_version], [38])
-m4_define([vips_micro_version], [1])
+m4_define([vips_minor_version], [39])
+m4_define([vips_micro_version], [0])
 m4_define([vips_version],
           [vips_major_version.vips_minor_version.vips_micro_version])
 
@@ -37,7 +37,7 @@ VIPS_VERSION_STRING=$VIPS_VERSION-`date`
 #   binary interface changes not backwards compatible?: reset age to 0
 
 LIBRARY_CURRENT=37
-LIBRARY_REVISION=0
+LIBRARY_REVISION=1
 LIBRARY_AGE=0
 
 # patched into include/vips/version.h
diff --git a/tools/Makefile.am b/tools/Makefile.am
index 7d754db4..24d58070 100644
--- a/tools/Makefile.am
+++ b/tools/Makefile.am
@@ -27,11 +27,11 @@ bin_SCRIPTS = \
 	batch_rubber_sheet \
 	batch_crop \
 	vipsprofile \
-	vips-7.38
+	vips-7.39
 
 EXTRA_DIST = \
 	vipsprofile \
-	vips-7.38 \
+	vips-7.39 \
 	light_correct.in \
 	shrink_width.in \
 	batch_image_convert.in \
diff --git a/tools/vips-7.38 b/tools/vips-7.39
similarity index 100%
rename from tools/vips-7.38
rename to tools/vips-7.39