diff --git a/fire/__init__.py b/fire/__init__.py
index b97eeb82..2bacc8fe 100644
--- a/fire/__init__.py
+++ b/fire/__init__.py
@@ -21,4 +21,4 @@
 from fire.core import Fire
 
 __all__ = ['Fire']
-__version__ = '0.3.0'
+__version__ = '0.3.1'
diff --git a/setup.py b/setup.py
index 8887b7d7..0047fa95 100644
--- a/setup.py
+++ b/setup.py
@@ -40,7 +40,7 @@
     'python-Levenshtein',
 ]
 
-VERSION = '0.3.0'
+VERSION = '0.3.1'
 URL = 'https://github.com/google/python-fire'
 
 setup(