diff --git a/setup.py b/setup.py
index acd88b90d4b..cca160ea32a 100644
--- a/setup.py
+++ b/setup.py
@@ -8,8 +8,8 @@
 
 MAJOR = 0
 MINOR = 3
-MICRO = 1
-ISRELEASED = False
+MICRO = 2
+ISRELEASED = True
 VERSION = '%d.%d.%d' % (MAJOR, MINOR, MICRO)
 QUALIFIER = ''