diff --git a/setup.py b/setup.py
index 628a021e..7faefd40 100644
--- a/setup.py
+++ b/setup.py
@@ -56,7 +56,7 @@ from distutils.ccompiler import get_default_compiler
 # Take a look at http://www.python.org/dev/peps/pep-0386/
 # for a consistent versioning pattern.
 
-PSYCOPG_VERSION = '2.3.1'
+PSYCOPG_VERSION = '2.3.2.dev0'
 
 version_flags   = ['dt', 'dec']