diff --git a/CMakeLists.txt b/CMakeLists.txt
index 8810e4ce..55291094 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -92,8 +92,8 @@ endif()
 # Minor version: increase it if you add ABI compatible features.
 # Patch version: increase it for bug fix releases.
 set(TAGLIB_SOVERSION_MAJOR 2)
-set(TAGLIB_SOVERSION_MINOR 2)
-set(TAGLIB_SOVERSION_PATCH 1)
+set(TAGLIB_SOVERSION_MINOR 3)
+set(TAGLIB_SOVERSION_PATCH 0)
 
 include(ConfigureChecks.cmake)
 
diff --git a/taglib/toolkit/taglib.h b/taglib/toolkit/taglib.h
index 9c154fc5..fc59297a 100644
--- a/taglib/toolkit/taglib.h
+++ b/taglib/toolkit/taglib.h
@@ -27,8 +27,8 @@
 #define TAGLIB_H
 
 #define TAGLIB_MAJOR_VERSION 2
-#define TAGLIB_MINOR_VERSION 2
-#define TAGLIB_PATCH_VERSION 1
+#define TAGLIB_MINOR_VERSION 3
+#define TAGLIB_PATCH_VERSION 0
 
 #if (defined(_MSC_VER) && _MSC_VER >= 1600)
 #define TAGLIB_CONSTRUCT_BITSET(x) static_cast<unsigned long long>(x)