diff --git a/CHANGELOG.md b/CHANGELOG.md
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,9 @@
 # Revision history for streamly-binary
 
+## 1.0.0.1 – 2020-07-11
+
+* Import MonadFail (should be helpful to older GHC)
+
 ## 1.0.0.0 – 2020-07-10
 
 * First version
diff --git a/src/Streamly/Binary.hs b/src/Streamly/Binary.hs
--- a/src/Streamly/Binary.hs
+++ b/src/Streamly/Binary.hs
@@ -21,6 +21,7 @@
 where
 
 import Control.Exception (Exception)
+import Control.Monad.Fail (MonadFail)
 import Data.Binary
 import Data.Binary.Get
 import Data.Binary.Put
diff --git a/streamly-binary.cabal b/streamly-binary.cabal
--- a/streamly-binary.cabal
+++ b/streamly-binary.cabal
@@ -1,7 +1,7 @@
 cabal-version:  >=1.10
 
 name:                streamly-binary
-version:             1.0.0.0
+version:             1.0.0.1
 synopsis:            Integration of streamly and binary
 description:         Support for encoding/decoding using @binary@ in @streamly@ streams.
 homepage:            https://sr.ht/~geyaeb/streamly-binary/
