diff --git a/jwt/__init__.py b/jwt/__init__.py
index f1b11608..e57f4b32 100644
--- a/jwt/__init__.py
+++ b/jwt/__init__.py
@@ -25,7 +25,7 @@
     basestring = str
 
 
-__version__ = '0.2.3'
+__version__ = '0.3.0'
 __all__ = ['encode', 'decode', 'DecodeError']