diff --git a/build.properties b/build.properties
index 551dea9..21309ca 100644
--- a/build.properties
+++ b/build.properties
@@ -17,4 +17,4 @@
 ##
 ################################################################################
 
-release.version = 0.0.2
+release.version = 0.0.3
diff --git a/compiler/build.xml b/compiler/build.xml
index d14ee98..d12971a 100644
--- a/compiler/build.xml
+++ b/compiler/build.xml
@@ -80,7 +80,7 @@
     <!-- JAR manifest entries -->
     <property name="manifest.sealed" value="false"/>
     <property name="manifest.Implementation-Title" value="Apache Flex Compiler"/>
-    <property name="manifest.Implementation-Version" value="0.0.1"/>
+    <property name="manifest.Implementation-Version" value="0.0.3"/>
     <property name="manifest.Implementation-Vendor" value="Apache Software Foundation"/>
 	
     <property name="compiler.ant.binaries" value="org/apache/flex/compiler/ant/**/*.class"/>