diff --git a/docs/source/whatsnew/version4.rst b/docs/source/whatsnew/version4.rst
index d8ec8dc..f2e8d9f 100644
--- a/docs/source/whatsnew/version4.rst
+++ b/docs/source/whatsnew/version4.rst
@@ -2,6 +2,14 @@
  4.x Series
 ============
 
+IPython 4.2.1
+=============
+
+IPython 4.2.1 (July, 2016) includes various bugfixes and improvements over 4.2.0
+
+- Only requires ``backports`` package on Python 2.
+- Bugfix(feature regression): Configuration options on CLI get precedence on configuration options. 
+
 IPython 4.2
 ===========