diff --git a/README.md b/README.md
index a17eb00e1..a0e046d21 100644
--- a/README.md
+++ b/README.md
@@ -1,4 +1,4 @@
-[![image](https://img.shields.io/badge/pypi-v0.5.2-blue.svg)](https://pypi.org/project/moler/)
+[![image](https://img.shields.io/badge/pypi-v0.5.3-blue.svg)](https://pypi.org/project/moler/)
 [![image](https://img.shields.io/badge/python-2.7%20%7C%203.5%20%7C%203.6%20%7C%203.7-blue.svg)](https://pypi.org/project/moler/)
 [![Build Status](https://travis-ci.org/nokia/moler.svg?branch=master)](https://travis-ci.org/nokia/moler)
 [![Coverage Status](https://coveralls.io/repos/github/nokia/moler/badge.svg?branch=master)](https://coveralls.io/github/nokia/moler?branch=master)
diff --git a/setup.py b/setup.py
index 90925da4d..1a11a977b 100644
--- a/setup.py
+++ b/setup.py
@@ -13,7 +13,7 @@
 
 setup(
     name='moler',  # Required
-    version='0.5.2',  # Required
+    version='0.5.3',  # Required
     description='Moler is library to help in building automated tests',  # Required
     long_description=long_description,  # Optional
     long_description_content_type='text/markdown',  # Optional (see note above)