diff --git a/plugins/svn4idea/lib/README.txt b/plugins/svn4idea/lib/README.txt
index fdbc9a5c7431..35f3ce3e9221 100644
--- a/plugins/svn4idea/lib/README.txt
+++ b/plugins/svn4idea/lib/README.txt
@@ -26,7 +26,10 @@ SVNKit allows to work with Subversion repositories and Subversion working copies
 direct repository access as well as support for all high level Subversion operation that are 
 available with the command line Subversion client. 
 
-This version of SVNKit supports all Subversion 1.6.15 features and supports older Subversion repositories.
+This version of SVNKit supports all major Subversion 1.7.4 features.
+
+This version of SVNKit supports both new (1.7, sqlite db) and old (1.6 and older) working copy formats 
+as well as all versions of Subversion repositories since 1.0.
 
 4. RESOURCES
 
diff --git a/plugins/svn4idea/lib/svnkit-javahl.jar b/plugins/svn4idea/lib/svnkit-javahl.jar
index f3b71cd5884c..d0340baa4589 100644
Binary files a/plugins/svn4idea/lib/svnkit-javahl.jar and b/plugins/svn4idea/lib/svnkit-javahl.jar differ
diff --git a/plugins/svn4idea/lib/svnkit-javahl16.zip b/plugins/svn4idea/lib/svnkit-javahl16.zip
index c067b39fcbca..9f6d0606fcbf 100644
Binary files a/plugins/svn4idea/lib/svnkit-javahl16.zip and b/plugins/svn4idea/lib/svnkit-javahl16.zip differ
diff --git a/plugins/svn4idea/lib/svnkit.jar b/plugins/svn4idea/lib/svnkit.jar
index c63397138c6b..99bcf2ddf7d3 100644
Binary files a/plugins/svn4idea/lib/svnkit.jar and b/plugins/svn4idea/lib/svnkit.jar differ
diff --git a/plugins/svn4idea/lib/svnkitsrc.zip b/plugins/svn4idea/lib/svnkitsrc.zip
index 72e1483fe77a..6fceb2861be8 100644
Binary files a/plugins/svn4idea/lib/svnkitsrc.zip and b/plugins/svn4idea/lib/svnkitsrc.zip differ