diff --git a/README b/README
index 94ef1a7..805c6cf 100644
--- a/README
+++ b/README
@@ -1,12 +1,11 @@
 wpa_supplicant and hostapd
 --------------------------
 
-Copyright (c) 2002-2011, Jouni Malinen <j@w1.fi> and contributors
+Copyright (c) 2002-2012, Jouni Malinen <j@w1.fi> and contributors
 All Rights Reserved.
 
-These programs are dual-licensed under both the GPL version 2 and BSD
-license (the one with advertisement clause removed). Either license
-may be used at your option.
+These programs are licensed under the BSD license (the one with
+advertisement clause removed).
 
 
 This package may include either wpa_supplicant, hostapd, or both. See
@@ -23,26 +22,8 @@
 License
 -------
 
-GPL v2:
-
-This program is free software; you can redistribute it and/or modify
-it under the terms of the GNU General Public License version 2 as
-published by the Free Software Foundation.
-
-This program is distributed in the hope that it will be useful,
-but WITHOUT ANY WARRANTY; without even the implied warranty of
-MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE.  See the
-GNU General Public License for more details.
-
-You should have received a copy of the GNU General Public License
-along with this program; if not, write to the Free Software
-Foundation, Inc., 51 Franklin St, Fifth Floor, Boston, MA  02110-1301  USA
-
-(this copy of the license is in COPYING file)
-
-
-Alternatively, this software may be distributed, used, and modified
-under the terms of BSD license:
+This software may be distributed, used, and modified under the terms of
+BSD license:
 
 Redistribution and use in source and binary forms, with or without
 modification, are permitted provided that the following conditions are