diff --git a/CMakeLists.txt b/CMakeLists.txt
index 9cb6e5bc..c50cb913 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -10,7 +10,7 @@ project(mckernel C ASM)
 set(MCKERNEL_VERSION "1.7.1")
 
 # See "Fedora Packaging Guidelines -- Versioning"
-set(MCKERNEL_RELEASE "0.2")
+set(MCKERNEL_RELEASE "0.3")
 
 set(CMAKE_MODULE_PATH ${CMAKE_SOURCE_DIR}/cmake/modules)
 # for rpmbuild