diff --git a/CMakeLists.txt b/CMakeLists.txt
index a856b8830..a02b779e8 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -8,7 +8,7 @@ include(EthPolicy)
 eth_policy()
 
 # project name and version should be set after cmake_policy CMP0048
-set(PROJECT_VERSION "0.2.2")
+set(PROJECT_VERSION "0.3.0")
 project(solidity VERSION ${PROJECT_VERSION})
 
 # Let's find our dependencies
diff --git a/test/libsolidity/SolidityEndToEndTest.cpp b/test/libsolidity/SolidityEndToEndTest.cpp
index 388f5a695..56f074154 100644
--- a/test/libsolidity/SolidityEndToEndTest.cpp
+++ b/test/libsolidity/SolidityEndToEndTest.cpp
@@ -5903,7 +5903,7 @@ BOOST_AUTO_TEST_CASE(version_stamp_for_libraries)
 	bytes runtimeCode = compileAndRun(sourceCode, 0, "lib");
 	BOOST_CHECK(runtimeCode.size() >= 8);
 	BOOST_CHECK_EQUAL(runtimeCode[0], int(eth::Instruction::PUSH6)); // might change once we switch to 1.x.x
-	BOOST_CHECK_EQUAL(runtimeCode[1], 2); // might change once we switch away from x.2.x
+	BOOST_CHECK_EQUAL(runtimeCode[1], 3); // might change once we switch away from x.3.x
 	BOOST_CHECK_EQUAL(runtimeCode[7], int(eth::Instruction::POP));
 }