One of the crucial tasks towards the realization of the Semantic Web vision is the efficient encoding of human knowledge in ontologies. Thus, the proper maintenance of these, usually large, structures and, in particular, their adaptation to new knowledge (ontology evolution) is one of the most challenging problems in the current Semantic Web research. In this paper, we uncover a certain gap in the current research area of ontology evolution and propose a research direction based on belief revision. We present some results in this direction and argue that our approach introduces an interesting new dimension to the problem that is likely to find important applications in the future.