diff --git a/configure.in b/configure.in
index e2df3825..74598757 100644
--- a/configure.in
+++ b/configure.in
@@ -5,9 +5,9 @@ AC_INIT(event.c)
 
 AC_CONFIG_MACRO_DIR([m4])
 
-AM_INIT_AUTOMAKE(libevent,2.0.2-alpha)
+AM_INIT_AUTOMAKE(libevent,2.0.3-alpha)
 AM_CONFIG_HEADER(config.h)
-AC_DEFINE(NUMERIC_VERSION, 0x02000201, [Numeric representation of the version])
+AC_DEFINE(NUMERIC_VERSION, 0x02000301, [Numeric representation of the version])
 
 dnl Initialize prefix.
 if test "$prefix" = "NONE"; then