diff --git a/readme.txt b/README.md
similarity index 60%
rename from readme.txt
rename to README.md
index cd47656..28b82dc 100644
--- a/readme.txt
+++ b/README.md
@@ -1,4 +1,4 @@
-1. About the decompiler 
+## About fernflower
 
 Fernflower is the first actually working analytical decompiler for Java and 
 probably for a high-level programming language in general. Naturally it is still 
@@ -6,12 +6,11 @@ under development, please send your bug reports and improvement suggestions at
 fernflower.decompiler@gmail.com
 
 
-2. License
+## Licence
 
-http://www.apache.org/licenses/LICENSE-2.0
+Fernflower is licenced under the Apache Licence Version 2.0. It can be found here: http://www.apache.org/licenses/LICENSE-2.0
 
-
-3. Running from the command line
+## Running from command line
 
 java -jar fernflower.jar [-<option>=<value>]* [<source>]+ <destination>
 
@@ -24,14 +23,14 @@ java -jar fernflower.jar [-<option>=<value>]* [<source>]+ <destination>
 <destination>: destination directory 
 <option>,<value>: command line option with the corresponding value, see 4.
 
-Examples:
+### Examples
 
 java -jar fernflower.jar -hes=0 -hdc=0 c:\Temp\binary\ -e=c:\Java\rt.jar c:\Temp\source\
 
 java -jar fernflower.jar -dgs=1 c:\Temp\binary\library.jar c:\Temp\binary\Boot.class c:\Temp\source\
 
 
-4. Command line options
+## Command line options
 
 With the exception of mpm and urc the value of 1 means the option is activated, 0 - deactivated. Default 
 value, if any, is given between parentheses.
@@ -39,39 +38,39 @@ value, if any, is given between parentheses.
 Typically, the following options will be changed by user, if any: hes, hdc, dgs, mpm, ren, urc 
 The rest of options can be left as they are: they are aimed at professional reverse engineers.
 
-rbr (1): hide bridge methods
-rsy (0): hide synthetic class members
-din (1): decompile inner classes
-dc4 (1): collapse 1.4 class references
-das (1): decompile assertions
-hes (1): hide empty super invocation
-hdc (1): hide empty default constructor
-dgs (0): decompile generic signatures
-ner (1): assume return not throwing exceptions
-den (1): decompile enumerations
-rgn (1): remove getClass() invocation, when it is part of a qualified new statement
-lit (0): output numeric literals "as-is"
-asc (0): encode non-ASCII characters in string and character literals as Unicode escapes
-bto (1): interpret int 1 as boolean true (workaround to a compiler bug)
-nns (1): allow for not set synthetic attribute (workaround to a compiler bug)
-uto (1): consider nameless types as java.lang.Object (workaround to a compiler architecture flaw)
-udv (1): reconstruct variable names from debug information, if present
-rer (1): remove empty exception ranges
-fdi (1): de-inline finally structures
-mpm (0): maximum allowed processing time per decompiled method, in seconds. 0 means no upper limit
-ren (0): rename ambiguous (resp. obfuscated) classes and class elements
-urc    : full name of user-supplied class implementing IIdentifierRenamer. It is used to determine which class identifiers
+- rbr (1): hide bridge methods
+- rsy (0): hide synthetic class members
+- din (1): decompile inner classes
+- dc4 (1): collapse 1.4 class references
+- das (1): decompile assertions
+- hes (1): hide empty super invocation
+- hdc (1): hide empty default constructor
+- dgs (0): decompile generic signatures
+- ner (1): assume return not throwing exceptions
+- den (1): decompile enumerations
+- rgn (1): remove getClass() invocation, when it is part of a qualified new statement
+- lit (0): output numeric literals "as-is"
+- asc (0): encode non-ASCII characters in string and character literals as Unicode escapes
+- bto (1): interpret int 1 as boolean true (workaround to a compiler bug)
+- nns (1): allow for not set synthetic attribute (workaround to a compiler bug)
+- uto (1): consider nameless types as java.lang.Object (workaround to a compiler architecture flaw)
+- udv (1): reconstruct variable names from debug information, if present
+- rer (1): remove empty exception ranges
+- fdi (1): de-inline finally structures
+- mpm (0): maximum allowed processing time per decompiled method, in seconds. 0 means no upper limit
+- ren (0): rename ambiguous (resp. obfuscated) classes and class elements
+- urc    : full name of user-supplied class implementing IIdentifierRenamer. It is used to determine which class identifiers
          should be renamed and provides new identifier names. For more information see section 5
-inn (1): check for IntelliJ IDEA-specific @NotNull annotation and remove inserted code if found
-lac (0): decompile lambda expressions to anonymous classes
-nls (0): define new line character to be used for output. 0 - '\r\n' (Windows), 1 - '\n' (Unix), default is OS-dependent
-ind    : indentation string (default is "   " (3 spaces))
+- inn (1): check for IntelliJ IDEA-specific @NotNull annotation and remove inserted code if found
+- lac (0): decompile lambda expressions to anonymous classes
+- nls (0): define new line character to be used for output. 0 - '\r\n' (Windows), 1 - '\n' (Unix), default is OS-dependent
+- ind    : indentation string (default is "   " (3 spaces))
  
 The default logging level is INFO. This value can be overwritten by setting the option 'log' as follows:
 log (INFO): possible values TRACE, INFO, WARN, ERROR
 
 
-5. Renaming identifiers
+## Renaming identifiers
 
 Some obfuscators give classes and their member elements short, meaningless and above all ambiguous names. Recompiling of such
 code leads to a great number of conflicts. Therefore it is advisable to let the decompiler rename elements in its turn,