diff --git a/docs/specs/qcow2.txt b/docs/specs/qcow2.txt
index 339cdc1b58e95ec191f24a7f80a3a297350cc6b2..36a559d8867c3afaf2c2c9d6ebd684e1f810eab6 100644
--- a/docs/specs/qcow2.txt
+++ b/docs/specs/qcow2.txt
@@ -86,7 +86,12 @@ in the description of a field.
                     Bitmask of compatible features. An implementation can
                     safely ignore any unknown bits that are set.
 
-                    Bits 0-63:  Reserved (set to 0)
+                    Bit 0:      Lazy refcounts bit.  If this bit is set then
+                                lazy refcount updates can be used.  This means
+                                marking the image file dirty and postponing
+                                refcount metadata updates.
+
+                    Bits 1-63:  Reserved (set to 0)
 
          88 -  95:  autoclear_features
                     Bitmask of auto-clear features. An implementation may only