diff --git a/LATEST_VERSION b/LATEST_VERSION
new file mode 100644
index 0000000000..afa0b77188
--- /dev/null
+++ b/LATEST_VERSION
@@ -0,0 +1 @@
+2011.09.13
diff --git a/Makefile b/Makefile
index 0039f90c92..e725dc720a 100644
--- a/Makefile
+++ b/Makefile
@@ -1,7 +1,9 @@
 default: update
 
-update: update-readme
+update: update-readme update-latest
 
+update-latest:
+	./youtube-dl --version > LATEST_VERSION
 
 update-readme:
 	@options=$$(COLUMNS=80 ./youtube-dl --help | sed -e '1,/.*General Options.*/ d' -e 's/^\W\{2\}\(\w\)/### \1/') && \
@@ -15,4 +17,4 @@ update-readme:
 
 
 
-.PHONY: default update update-readme
+.PHONY: default update update-latest update-readme