diff --git a/src/main/java/rx/Observable.java b/src/main/java/rx/Observable.java
index 04551d98af..59cdd4f3f9 100644
--- a/src/main/java/rx/Observable.java
+++ b/src/main/java/rx/Observable.java
@@ -5089,9 +5089,32 @@ public final Observable<T> filter(Func1<? super T, Boolean> predicate) {
      *         {@link Action0}
      * @see <a href="http://reactivex.io/documentation/operators/do.html">ReactiveX operators documentation: Do</a>
      * @see #doOnTerminate(Action0)
+     * @deprecated use {@link #doAfterTerminate(Action0)} instead.
      */
+    @Deprecated
     public final Observable<T> finallyDo(Action0 action) {
-        return lift(new OperatorFinally<T>(action));
+        return lift(new OperatorDoAfterTerminate<T>(action));
+    }
+
+    /**
+     * Registers an {@link Action0} to be called when this Observable invokes either
+     * {@link Observer#onCompleted onCompleted} or {@link Observer#onError onError}.
+     * <p>
+     * <img width="640" height="310" src="https://raw.github.com/wiki/ReactiveX/RxJava/images/rx-operators/finallyDo.png" alt="">
+     * <dl>
+     *  <dt><b>Scheduler:</b></dt>
+     *  <dd>{@code doAfterTerminate} does not operate by default on a particular {@link Scheduler}.</dd>
+     * </dl>
+     *
+     * @param action
+     *            an {@link Action0} to be invoked when the source Observable finishes
+     * @return an Observable that emits the same items as the source Observable, then invokes the
+     *         {@link Action0}
+     * @see <a href="http://reactivex.io/documentation/operators/do.html">ReactiveX operators documentation: Do</a>
+     * @see #doOnTerminate(Action0)
+     */
+    public final Observable<T> doAfterTerminate(Action0 action) {
+        return lift(new OperatorDoAfterTerminate<T>(action));
     }
 
     /**
diff --git a/src/main/java/rx/internal/operators/OperatorFinally.java b/src/main/java/rx/internal/operators/OperatorDoAfterTerminate.java
similarity index 93%
rename from src/main/java/rx/internal/operators/OperatorFinally.java
rename to src/main/java/rx/internal/operators/OperatorDoAfterTerminate.java
index 5f870f8f37..a56d28795c 100644
--- a/src/main/java/rx/internal/operators/OperatorFinally.java
+++ b/src/main/java/rx/internal/operators/OperatorDoAfterTerminate.java
@@ -29,10 +29,10 @@
  * 
  * @param <T> the value type
  */
-public final class OperatorFinally<T> implements Operator<T, T> {
+public final class OperatorDoAfterTerminate<T> implements Operator<T, T> {
     final Action0 action;
 
-    public OperatorFinally(Action0 action) {
+    public OperatorDoAfterTerminate(Action0 action) {
         if (action == null) {
             throw new NullPointerException("Action can not be null");
         }
diff --git a/src/test/java/rx/internal/operators/OperatorFinallyTest.java b/src/test/java/rx/internal/operators/OperatorDoAfterTerminateTest.java
similarity index 86%
rename from src/test/java/rx/internal/operators/OperatorFinallyTest.java
rename to src/test/java/rx/internal/operators/OperatorDoAfterTerminateTest.java
index e89ee74468..6295386ae1 100644
--- a/src/test/java/rx/internal/operators/OperatorFinallyTest.java
+++ b/src/test/java/rx/internal/operators/OperatorDoAfterTerminateTest.java
@@ -28,7 +28,7 @@
 import rx.Observer;
 import rx.functions.Action0;
 
-public class OperatorFinallyTest {
+public class OperatorDoAfterTerminateTest {
 
     private Action0 aAction0;
     private Observer<String> observer;
@@ -42,24 +42,24 @@ public void before() {
     }
 
     private void checkActionCalled(Observable<String> input) {
-        input.finallyDo(aAction0).subscribe(observer);
+        input.doAfterTerminate(aAction0).subscribe(observer);
         verify(aAction0, times(1)).call();
     }
 
     @Test
-    public void testFinallyCalledOnComplete() {
+    public void testDoAfterTerminateCalledOnComplete() {
         checkActionCalled(Observable.from(new String[] { "1", "2", "3" }));
     }
 
     @Test
-    public void testFinallyCalledOnError() {
+    public void testDoAfterTerminateCalledOnError() {
         checkActionCalled(Observable.<String> error(new RuntimeException("expected")));
     }
 
     @Test
     public void nullActionShouldBeCheckedInConstructor() {
         try {
-            new OperatorFinally<Object>(null);
+            new OperatorDoAfterTerminate<Object>(null);
             fail();
         } catch (NullPointerException expected) {
             assertEquals("Action can not be null", expected.getMessage());
diff --git a/src/test/java/rx/internal/operators/OperatorObserveOnTest.java b/src/test/java/rx/internal/operators/OperatorObserveOnTest.java
index e505bf0672..65a4085384 100644
--- a/src/test/java/rx/internal/operators/OperatorObserveOnTest.java
+++ b/src/test/java/rx/internal/operators/OperatorObserveOnTest.java
@@ -138,7 +138,7 @@ public void call(String t1) {
                 assertTrue(correctThreadName);
             }
 
-        }).finallyDo(new Action0() {
+        }).doAfterTerminate(new Action0() {
 
             @Override
             public void call() {