diff --git a/configure.ac b/configure.ac
index 2c700e21..2d11b7c4 100644
--- a/configure.ac
+++ b/configure.ac
@@ -1,5 +1,5 @@
 AC_PREREQ([2.61])
-AC_INIT([libsodium],[0.2],[https://github.com/jedisct1/libsodium])
+AC_INIT([libsodium],[0.3],[https://github.com/jedisct1/libsodium])
 AC_CONFIG_MACRO_DIR([m4])
 AC_CONFIG_AUX_DIR([libltdl/config])
 AC_CONFIG_SRCDIR([src/libsodium/version.c])
diff --git a/src/libsodium/include/sodium/version.h.in b/src/libsodium/include/sodium/version.h.in
index 79527bba..6935cb4d 100644
--- a/src/libsodium/include/sodium/version.h.in
+++ b/src/libsodium/include/sodium/version.h.in
@@ -5,7 +5,7 @@
 #define SODIUM_VERSION_STRING "@VERSION@"
 
 #define SODIUM_VERSION_MAJOR 0
-#define SODIUM_VERSION_MINOR 2
+#define SODIUM_VERSION_MINOR 3
 
 #ifdef __cplusplus
 extern "C" {