diff --git a/CMakeLists.txt b/CMakeLists.txt
index 419978c66..3126ea204 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -53,8 +53,8 @@ PROJECT(OpenSceneGraph)
 
 SET(OPENSCENEGRAPH_MAJOR_VERSION 3)
 SET(OPENSCENEGRAPH_MINOR_VERSION 3)
-SET(OPENSCENEGRAPH_PATCH_VERSION 7)
-SET(OPENSCENEGRAPH_SOVERSION 120)
+SET(OPENSCENEGRAPH_PATCH_VERSION 8)
+SET(OPENSCENEGRAPH_SOVERSION 121)
 
 # set to 0 when not a release candidate, non zero means that any generated
 # svn tags will be treated as release candidates of given number