diff --git a/setup.py b/setup.py
index 7636abccb..216c9f497 100644
--- a/setup.py
+++ b/setup.py
@@ -14,7 +14,7 @@
 
 MAJOR               = 0
 MINOR               = 3
-MICRO               = 0
+MICRO               = 1
 ISRELEASED          = True
 VERSION             = '%d.%d.%d' % (MAJOR, MINOR, MICRO)