diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9d3061d76c..49b311c922 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,13 @@
 # Changelog
 
+## 0.3.1
+
+* Specify nupic.bindings version to match commit sha (0.2).
+* Use logging.debug for emitting the message about not being able to import matplotlib; we log it at debug level to avoid polluting the logs of apps and services that don't care about plotting.
+* Add Dockerfile ready to perform swarming.
+* Removes PCANode
+* Updated Linux binary install instructions.
+
 ## 0.3.0
 
 * Updated comment about greedy stats refresh when likelihood > 0.99
diff --git a/README.md b/README.md
index 54fbfc2753..8143da326e 100644
--- a/README.md
+++ b/README.md
@@ -6,7 +6,7 @@ The Numenta Platform for Intelligent Computing (**NuPIC**) is a machine intellig
 
 For more information, see [numenta.org](http://numenta.org) or the [NuPIC wiki](https://github.com/numenta/nupic/wiki).
 
-## Installing NuPIC 0.3.0
+## Installing NuPIC 0.3.1
 
 NuPIC binaries are available for:
 
diff --git a/VERSION b/VERSION
index 5a9821a68d..9e11b32fca 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.3.1.dev0
+0.3.1
diff --git a/docs/Doxyfile b/docs/Doxyfile
index ceacea7a09..f35bb22a19 100644
--- a/docs/Doxyfile
+++ b/docs/Doxyfile
@@ -38,7 +38,7 @@ PROJECT_NAME           = NuPIC
 # could be handy for archiving the generated documentation or if some version
 # control system is used.
 
-PROJECT_NUMBER         = 0.3.1.dev0
+PROJECT_NUMBER         = 0.3.1
 
 # Using the PROJECT_BRIEF tag one can provide an optional one line description
 # for a project that appears at the top of each page and should give viewer a