diff --git a/components/rtfview/README.txt b/components/rtfview/README.txt
new file mode 100644
index 000000000..df09c928f
--- /dev/null
+++ b/components/rtfview/README.txt
@@ -0,0 +1,44 @@
+TRTFView component
+
+License.
+
+    This component is released under Modified LGPL license (the same as
+    the Lazarus LCL license) for details see the included COPYING.LGPL and 
+    COPYING.modifiedLGPL files.
+
+Notes.
+
+    This component uses the rtf parser provided with fpc, versions previous
+    to fpc 2.1.1 revision 6507 had some bugs that might affect th appareance
+    of some rtf documents. In order to use this component with earlier versions
+    of fpc compiler, a patched version of the rtf parser is included in file 
+    rtfparspre211.pp.
+
+    If you want to use the most current version of rtf parser, remove the 
+    -dUsePre211RTFPars compiler option located at package's 
+    "Compiler options->Other->Custom Options".
+
+    This option is to be removed after the release of FPC 2.2.
+
+Install.
+
+    this component requires TRichView to be installed first.
+    see http://wiki.lazarus.freepascal.org/RichView
+
+    In lazarus choose: Components->Open Package File (*.lpk)
+    and look for file rtfviewpkg.lpk
+    
+    press compile button if all went ok
+    press Install button.
+    
+    After succesful install a new icon should appear in RichView Tab in 
+    Lazarus Component Palette.
+    
+
+Use.
+
+    See the sample directory to for an example.
+
+
+
+    
\ No newline at end of file