diff --git a/CMakeLists.txt b/CMakeLists.txt
index d6b5d2949..4228f45cd 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -191,9 +191,9 @@ if(NOT EXISTS ${dfhack_SOURCE_DIR}/library/xml/codegen.pl
 endif()
 
 # set up versioning.
-set(DF_VERSION "50.08b1")
-set(DFHACK_RELEASE "beta4")
-set(DFHACK_PRERELEASE TRUE)
+set(DF_VERSION "50.08")
+set(DFHACK_RELEASE "r1")
+set(DFHACK_PRERELEASE FALSE)
 
 set(DFHACK_VERSION "${DF_VERSION}-${DFHACK_RELEASE}")
 
diff --git a/library/xml b/library/xml
index 98d5f8a55..113f5e40b 160000
--- a/library/xml
+++ b/library/xml
@@ -1 +1 @@
-Subproject commit 98d5f8a5553690ef71b9650b28d4aababf21ef5e
+Subproject commit 113f5e40b471c67b5414380f477d1c7be9b635ee