diff --git a/Makefile b/Makefile
index 3fa4b362..691fc3a4 100644
--- a/Makefile
+++ b/Makefile
@@ -40,7 +40,7 @@ VERSION_CURRENT=0
 VERSION_REVISION=0
 VERSION_AGE=0
 
-VERSION=0.3
+VERSION=0.3.1
 
 PREFIX=/usr/local
 BINDIR=$(PREFIX)/bin