diff --git a/configure.ac b/configure.ac
index 2af37832..db7248dc 100644
--- a/configure.ac
+++ b/configure.ac
@@ -10,7 +10,7 @@ AC_CONFIG_SRCDIR([simgear/bucket/newbucket.cxx])
 AC_PREREQ(2.52)
 
 dnl Initialize the automake stuff
-AM_INIT_AUTOMAKE(SimGear, 0.2.0)
+AM_INIT_AUTOMAKE(SimGear, 0.3.0)
 
 dnl Specify KAI C++ compiler and flags.
 dnl Borrowed with slight modification from blitz distribution.