diff --git a/docs/source/conf.py b/docs/source/conf.py
index b83eb8bc..22ac843f 100644
--- a/docs/source/conf.py
+++ b/docs/source/conf.py
@@ -45,9 +45,9 @@
 # built documents.
 #
 # The short X.Y version.
-version = '0.3'
+version = '0.3.1'
 # The full version, including alpha/beta/rc tags.
-release = '0.3'
+release = '0.3.1'
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
@@ -197,4 +197,4 @@
 # Example configuration for intersphinx: refer to the Python standard library.
 intersphinx_mapping = {'http://docs.python.org/': None}
 
-autoclass_content = 'both'
\ No newline at end of file
+autoclass_content = 'both'
diff --git a/setup.py b/setup.py
index da258c1e..4ec41e16 100644
--- a/setup.py
+++ b/setup.py
@@ -15,7 +15,7 @@
 from distutils.core import setup
 
 setup(name='ncclient',
-      version='0.3',
+      version='0.3.1',
       description="Python library for NETCONF clients",
       author="Shikhar Bhushan",
       author_email="shikhar@schmizz.net",