diff --git a/CHANGES.rst b/CHANGES.rst
index e2677ad..5129369 100644
--- a/CHANGES.rst
+++ b/CHANGES.rst
@@ -1,6 +1,12 @@
 Changes
 =========
 
+0.3.2 (unreleased)
+------------------
+
+- Nothing changed yet.
+
+
 0.3.1 (2013-12-11)
 ------------------
 
diff --git a/setup.py b/setup.py
index 5e6f61f..576782f 100755
--- a/setup.py
+++ b/setup.py
@@ -17,7 +17,7 @@ from setuptools import setup, find_packages
 setup(
     name = 'django-babel',
     description = 'Utilities for using Babel in Django',
-    version='0.3.1',
+    version='0.3.2.dev0',
     license = 'BSD',
     author  = 'Edgewall Software',
     author_email = 'python-babel@googlegroups.com',