diff --git a/CMakeLists.txt b/CMakeLists.txt
index ab254428a..51e454b81 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -16,8 +16,8 @@ PROJECT(OpenSceneGraph)
 
 SET(OPENSCENEGRAPH_MAJOR_VERSION 2)
 SET(OPENSCENEGRAPH_MINOR_VERSION 3)
-SET(OPENSCENEGRAPH_PATCH_VERSION 0)
-SET(OPENSCENEGRAPH_SOVERSION 26)
+SET(OPENSCENEGRAPH_PATCH_VERSION 1)
+SET(OPENSCENEGRAPH_SOVERSION 27)
 
 SET(OPENSCENEGRAPH_VERSION ${OPENSCENEGRAPH_MAJOR_VERSION}.${OPENSCENEGRAPH_MINOR_VERSION}.${OPENSCENEGRAPH_PATCH_VERSION})
 
diff --git a/include/osg/Version b/include/osg/Version
index 64d10844e..7700ef307 100644
--- a/include/osg/Version
+++ b/include/osg/Version
@@ -21,8 +21,8 @@ extern "C" {
 
 #define OPENSCENEGRAPH_MAJOR_VERSION 2
 #define OPENSCENEGRAPH_MINOR_VERSION 3
-#define OPENSCENEGRAPH_PATCH_VERSION 0
-#define OPENSCENEGRAPH_SOVERSION 26
+#define OPENSCENEGRAPH_PATCH_VERSION 1
+#define OPENSCENEGRAPH_SOVERSION 27
 
 /**
   * osgGetVersion() returns the library version number.