diff --git a/configure.ac b/configure.ac
index 25ab5c74..51439317 100644
--- a/configure.ac
+++ b/configure.ac
@@ -1,5 +1,5 @@
 AC_PREREQ([2.69])
-AC_INIT([composefs], [1.0.2], [giuseppe@scrivano.org])
+AC_INIT([composefs], [1.0.3], [giuseppe@scrivano.org])
 AC_CONFIG_SRCDIR([tools/mkcomposefs.c])
 AC_CONFIG_HEADERS([config.h])
 AC_SYS_LARGEFILE
@@ -21,8 +21,8 @@ AC_SYS_LARGEFILE
 # (And never do that lightly)
 
 m4_define([LIBCOMPOSEFS_VERSION_MAJOR], [1])
-m4_define([LIBCOMPOSEFS_VERSION_MINOR], [0])
-m4_define([LIBCOMPOSEFS_VERSION_MICRO], [1])
+m4_define([LIBCOMPOSEFS_VERSION_MINOR], [1])
+m4_define([LIBCOMPOSEFS_VERSION_MICRO], [0])
 
 LT_PREREQ([2.2.6])
 LT_INIT()