diff --git a/setup.py b/setup.py
index afc5b73f02c2a38ed16b70e314cf42dc1837796a..81695d77156a2225b12cb67b4c9d8a4677de5bb5 100755
--- a/setup.py
+++ b/setup.py
@@ -47,7 +47,7 @@ from setuptools import find_packages, setup
 
 MAJOR = 0
 MINOR = 3
-MICRO = 0
+MICRO = 1
 PRE = ""  # e.g. rc0, alpha.1, 0.beta-23
 ISRELEASED = False