diff --git a/bash_kernel/__init__.py b/bash_kernel/__init__.py
index e69de29..cce384d 100644
--- a/bash_kernel/__init__.py
+++ b/bash_kernel/__init__.py
@@ -0,0 +1 @@
+__version__ = '0.3'
diff --git a/setup.py b/setup.py
index 55d5d52..4136ebe 100644
--- a/setup.py
+++ b/setup.py
@@ -37,7 +37,7 @@ if svem_flag in sys.argv:
     sys.argv.remove(svem_flag)
 
 setup(name='bash_kernel',
-      version='0.2',
+      version='0.3',
       description='A bash kernel for IPython',
       long_description=readme,
       author='Thomas Kluyver',