diff --git a/README.md b/README.md
index a712ec65758d..36a501c72c6b 100644
--- a/README.md
+++ b/README.md
@@ -121,7 +121,7 @@ The class provides functionality to compute previous image according to alpha, b
 ## Installation
 
 ```bash
-pip install diffusers  # should install diffusers 0.1.2
+pip install diffusers  # should install diffusers 0.1.3
 ```
 
 
diff --git a/setup.py b/setup.py
index 533635d6a7a5..ff0b49ba6036 100644
--- a/setup.py
+++ b/setup.py
@@ -181,7 +181,7 @@ def run(self):
 
 setup(
     name="diffusers",
-    version="0.1.2",
+    version="0.1.3",
     description="Diffusers",
     long_description=open("README.md", "r", encoding="utf-8").read(),
     long_description_content_type="text/markdown",
diff --git a/src/diffusers/__init__.py b/src/diffusers/__init__.py
index 136b0eb36adc..32af42b56017 100644
--- a/src/diffusers/__init__.py
+++ b/src/diffusers/__init__.py
@@ -4,7 +4,7 @@
 from .utils import is_inflect_available, is_transformers_available, is_unidecode_available
 
 
-__version__ = "0.1.2"
+__version__ = "0.1.3"
 
 from .modeling_utils import ModelMixin
 from .models import AutoencoderKL, UNet2DConditionModel, UNet2DModel, VQModel