diff --git a/res/localization/ChangeLog.txt b/res/localization/ChangeLog.txt
index 3367213b..3cb969ad 100644
--- a/res/localization/ChangeLog.txt
+++ b/res/localization/ChangeLog.txt
@@ -12,7 +12,7 @@ o Version 1.0.2 (2013.10.30)
   - *NEW* MSG_112 "Formatting a large UDF volumes can take a lot of time..."
   - *NEW* MSG_113 "Large UDF volume"
   - *NEW* MSG_220 "Formatting (%s) - estimated duration %d:%02d..."
-  - [ANOTHER MESSAGE TO FOLLOW]
+  - *NEW* MSG_207 "New Volume"
 o Version 1.0.1 (2013.10.28)
   - MSG_061 "Please insert a media in drive." -> "Please insert a removable media in drive."
   - MSG_071 "Unable to create formatting thread." -> "Unable to start thread."
diff --git a/res/localization/new_translation.loc b/res/localization/new_translation.loc
index 2295f5d1..d40a2d7d 100644
--- a/res/localization/new_translation.loc
+++ b/res/localization/new_translation.loc
@@ -345,6 +345,9 @@ t MSG_204 "Obsolete %s detected"
 t MSG_205 "Using ISO: %s"
 # Typically "Missing ldlinux.c32 file"
 t MSG_206 "Missing %s file"
+# The name proposed by Windows' Computer Management -> Disk Management when you try to format a drive
+# with an empty label. See http://rufus.akeo.ie/pics/default_name.png
+t MSG_207 "New Volume"
 # Same message, once for singular and plural ("1 device found", "2 devices found")
 t MSG_208 "%d device found"
 t MSG_209 "%d devices found"
diff --git a/res/localization/rufus.loc b/res/localization/rufus.loc
index 46987725..7a40eae1 100644
--- a/res/localization/rufus.loc
+++ b/res/localization/rufus.loc
@@ -219,6 +219,9 @@ t MSG_204 "Obsolete %s detected"
 t MSG_205 "Using ISO: %s"
 # Typically "Missing ldlinux.c32 file"
 t MSG_206 "Missing %s file"
+# The name proposed by Windows' Computer Management -> Disk Management when you try to format a drive
+# with an empty label. See http://rufus.akeo.ie/pics/default_name.png
+t MSG_207 "New Volume"
 # Same message, once for singular and plural ("1 device found", "2 devices found")
 t MSG_208 "%d device found"
 t MSG_209 "%d devices found"
@@ -657,6 +660,7 @@ t MSG_203 "Echec d'analyse de l'image ISO"
 t MSG_204 "Fichier %s obsolète detecté"
 t MSG_205 "ISO utilisée: %s"
 t MSG_206 "Fichier %s manquant"
+t MSG_207 "Nouveau volume"
 t MSG_208 "%d périphérique détecté"
 t MSG_209 "%d périphériques détectés"
 t MSG_210 "Opération terminée."
diff --git a/src/rufus.c b/src/rufus.c
index 1577bbc9..bd552a31 100644
--- a/src/rufus.c
+++ b/src/rufus.c
@@ -572,7 +572,8 @@ static BOOL PopulateProperties(int ComboIndex)
 
 	// If no existing label is available and no ISO is selected, propose one according to the size (eg: "256MB", "8GB")
 	if ((iso_path == NULL) || (iso_report.label[0] == 0)) {
-		if (safe_strcmp(no_label, DriveLabel.Table[ComboIndex]) == 0) {
+		if ( (safe_stricmp(no_label, DriveLabel.Table[ComboIndex]) == 0) 
+		  || (safe_stricmp(lmprintf(MSG_207), DriveLabel.Table[ComboIndex]) == 0) ) {
 			SetWindowTextU(hLabel, SelectedDrive.proposed_label);
 		} else {
 			SetWindowTextU(hLabel, DriveLabel.Table[ComboIndex]);
diff --git a/src/rufus.rc b/src/rufus.rc
index 16d8939a..9fd5d8ee 100644
--- a/src/rufus.rc
+++ b/src/rufus.rc
@@ -33,7 +33,7 @@ LANGUAGE LANG_NEUTRAL, SUBLANG_NEUTRAL
 IDD_DIALOG DIALOGEX 12, 12, 206, 329
 STYLE DS_SETFONT | DS_MODALFRAME | DS_FIXEDSYS | DS_CENTER | WS_POPUP | WS_CAPTION | WS_SYSMENU
 EXSTYLE WS_EX_APPWINDOW
-CAPTION "Rufus v1.4.0.302"
+CAPTION "Rufus v1.4.0.303"
 FONT 8, "MS Shell Dlg", 400, 0, 0x1
 BEGIN
     DEFPUSHBUTTON   "Start",IDC_START,94,291,50,14
@@ -285,8 +285,8 @@ END
 //
 
 VS_VERSION_INFO VERSIONINFO
- FILEVERSION 1,4,0,302
- PRODUCTVERSION 1,4,0,302
+ FILEVERSION 1,4,0,303
+ PRODUCTVERSION 1,4,0,303
  FILEFLAGSMASK 0x3fL
 #ifdef _DEBUG
  FILEFLAGS 0x1L
@@ -303,13 +303,13 @@ BEGIN
         BEGIN
             VALUE "CompanyName", "Akeo Consulting (http://akeo.ie)"
             VALUE "FileDescription", "Rufus"
-            VALUE "FileVersion", "1.4.0.302"
+            VALUE "FileVersion", "1.4.0.303"
             VALUE "InternalName", "Rufus"
             VALUE "LegalCopyright", "© 2011-2013 Pete Batard (GPL v3)"
             VALUE "LegalTrademarks", "http://www.gnu.org/copyleft/gpl.html"
             VALUE "OriginalFilename", "rufus.exe"
             VALUE "ProductName", "Rufus"
-            VALUE "ProductVersion", "1.4.0.302"
+            VALUE "ProductVersion", "1.4.0.303"
         END
     END
     BLOCK "VarFileInfo"