diff --git a/MANIFEST.in b/MANIFEST.in
index 6722552..9e664ba 100644
--- a/MANIFEST.in
+++ b/MANIFEST.in
@@ -1,3 +1,3 @@
-include *.py *.txt *.rst *.md
+include *.py *.txt *.rst
 recursive-include docs *.rst *.py make.bat Makefile
 
diff --git a/NEWS.rst b/NEWS.rst
index e29efb4..1eb2c0f 100644
--- a/NEWS.rst
+++ b/NEWS.rst
@@ -7,6 +7,8 @@ Release History
 * Python 2.6 compatilibity restored (although 2.6 is still missing from the
   current CI configuration)
 
+* README converted back to reStructured Text formatting
+
 0.5.0 (2016-01-12)
 ~~~~~~~~~~~~~~~~~~
 
diff --git a/README.md b/README.md
deleted file mode 100644
index 5b2ba0a..0000000
--- a/README.md
+++ /dev/null
@@ -1,40 +0,0 @@
-contextlib2 is a backport of the [standard library's contextlib
-module](https://docs.python.org/3.5/library/contextlib.html) to
-earlier Python versions.
-
-It also serves as a real world proving ground for possible future
-enhancements to the standard library version.
-
-Development
------------
-
-contextlib2 currently has no dependencies.
-
-Local testing is currently just a matter of running `python test_contextlib2.py`.
-
-You can test against multiple versions of Python with [tox](http://tox.testrun.org/)):
-
-    pip install tox
-    tox
-
-Versions currently tested in tox are:
-
-* CPython 2.7 (also tested in Codeship)
-* CPython 3.4 (also tested in Codeship)
-* CPython 3.5
-* PyPy
-* PyPy3
-
-To install all the relevant runtimes on Fedora 23:
-
-    sudo dnf install python python3 pypy pypy3
-    sudo dnf copr enable -y mstuchli/Python3.5
-    sudo dnf install python35-python3
-
-Continuous integration
-----------------------
-
-CI is set up in Codeship to run against PRs and commits.
-
-[![Codeship Status for ncoghlan/contextlib2](https://codeship.com/projects/884e9500-3d1a-0133-3eb0-1abe7f570a4c/status?branch=default)](https://codeship.com/projects/102388)
-[![codecov.io](https://codecov.io/bitbucket/ncoghlan/contextlib2/coverage.svg?branch=default)](https://codecov.io/bitbucket/ncoghlan/contextlib2?branch=default)
diff --git a/README.rst b/README.rst
new file mode 100644
index 0000000..74b1136
--- /dev/null
+++ b/README.rst
@@ -0,0 +1,42 @@
+.. image:: https://readthedocs.org/projects/contextlib2/badge/?version=latest
+    :target: https://contextlib2.readthedocs.org/
+    :alt: Latest Docs
+
+.. image:: https://codeship.com/projects/884e9500-3d1a-0133-3eb0-1abe7f570a4c/status?branch=default
+    :target: https://codeship.com/projects/102388
+
+.. image:: https://codecov.io/bitbucket/ncoghlan/contextlib2/coverage.svg?branch=default
+    :target: https://codecov.io/bitbucket/ncoghlan/contextlib2?branch=default
+
+contextlib2 is a backport of the `standard library's contextlib
+module <https://docs.python.org/3.5/library/contextlib.html>`_ to
+earlier Python versions.
+
+It also serves as a real world proving ground for possible future
+enhancements to the standard library version.
+
+Development
+-----------
+
+contextlib2 currently has no dependencies.
+
+Local testing is currently just a matter of running ``python test_contextlib2.py``.
+
+You can test against multiple versions of Python with `tox <http://tox.testrun.org/>`_::
+
+    pip install tox
+    tox
+
+Versions currently tested in tox are:
+
+* CPython 2.7 (also tested in Codeship)
+* CPython 3.4 (also tested in Codeship)
+* CPython 3.5
+* PyPy
+* PyPy3
+
+To install all the relevant runtimes on Fedora 23::
+
+    sudo dnf install python python3 pypy pypy3
+    sudo dnf copr enable -y mstuchli/Python3.5
+    sudo dnf install python35-python3
\ No newline at end of file
diff --git a/setup.py b/setup.py
index a8560d4..12f8f18 100755
--- a/setup.py
+++ b/setup.py
@@ -11,7 +11,7 @@ setup(
     py_modules=['contextlib2'],
     license='PSF License',
     description='Backports and enhancements for the contextlib module',
-    long_description=open('README.md').read(),
+    long_description=open('README.rst').read(),
     author='Nick Coghlan',
     author_email='ncoghlan@gmail.com',
     url='http://contextlib2.readthedocs.org',