diff --git a/configure.ac b/configure.ac
index d90c2167b4f7d1e5b36711eed402d969a67fd94e..486c7391d2f40a7dfde977624245889cc62c2324 100644
--- a/configure.ac
+++ b/configure.ac
@@ -6,7 +6,7 @@ AM_CONFIG_HEADER([config.h])
 
 CELT_MAJOR_VERSION=0
 CELT_MINOR_VERSION=3
-CELT_MICRO_VERSION=0
+CELT_MICRO_VERSION=1
 CELT_EXTRA_VERSION=
 CELT_VERSION=$CELT_MAJOR_VERSION.$CELT_MINOR_VERSION.$CELT_MICRO_VERSION$CELT_EXTRA_VERSION