diff --git a/RELEASES b/RELEASES
index cd05173e6..85d26c711 100644
--- a/RELEASES
+++ b/RELEASES
@@ -1,3 +1,8 @@
+0.3.0
+
+* JSONP Support
+* Bugfixes, including support for latest markdown release
+
 0.2.4
 
 * Fix broken IsAdminUser permission.
diff --git a/djangorestframework/__init__.py b/djangorestframework/__init__.py
index 0bcc04c06..f67a2d6af 100644
--- a/djangorestframework/__init__.py
+++ b/djangorestframework/__init__.py
@@ -1,3 +1,3 @@
-__version__ = '0.2.4'
+__version__ = '0.3.0'
 
 VERSION = __version__  # synonym