diff --git a/CHANGES.txt b/CHANGES.txt
index 739eae8..6b8f03d 100644
--- a/CHANGES.txt
+++ b/CHANGES.txt
@@ -1,6 +1,10 @@
 CHANGELOG
 ===========
 
+0.3 (2011-02-21)
+----------------
+        - proper release 
+
 0.2 - (unreleased)
 ----------------------
         - proper release
diff --git a/setup.py b/setup.py
index 95c316d..ac8ea3b 100644
--- a/setup.py
+++ b/setup.py
@@ -5,7 +5,7 @@
 import os,re
 from setuptools import setup, find_packages
 
-__version__ = '0.2'
+__version__ = '0.3'
 
 
 url="http://pywebsvcs.sf.net/"