diff --git a/setup.py b/setup.py
index 30b0e16f..1742542d 100644
--- a/setup.py
+++ b/setup.py
@@ -42,7 +42,7 @@ from setuptools import setup
 
 setup(
     name='Flask',
-    version='0.1',
+    version='0.2',
     url='http://github.com/mitsuhiko/flask/',
     license='BSD',
     author='Armin Ronacher',