diff --git a/setup.py b/setup.py
index 5464e820..06f39edb 100644
--- a/setup.py
+++ b/setup.py
@@ -61,10 +61,10 @@ try:
 except ImportError:
     import ConfigParser as configparser
 
-# Take a look at http://www.python.org/dev/peps/pep-0386/
+# Take a look at http://www.python.org/dev/peps/pep-0440/
 # for a consistent versioning pattern.
 
-PSYCOPG_VERSION = '2.7b3.dev0'
+PSYCOPG_VERSION = '2.7'
 
 
 # note: if you are changing the list of supported Python version please fix