diff --git a/.gitignore b/.gitignore
index ab7c5a4..924364b 100644
--- a/.gitignore
+++ b/.gitignore
@@ -1,3 +1,4 @@
 /targetd-0.2.2.tar.gz
 /targetd-0.2.3.tar.gz
 /targetd-0.2.4.tar.gz
+/targetd-0.3.tar.gz
diff --git a/sources b/sources
index 65791e9..676d966 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-3f11bd3c6d43e6dc4d8578ae9eba864f  targetd-0.2.4.tar.gz
+d7934b05a30d0b7c949e391017d893a9  targetd-0.3.tar.gz
diff --git a/targetd.spec b/targetd.spec
index ece47da..5bff0c2 100644
--- a/targetd.spec
+++ b/targetd.spec
@@ -2,7 +2,7 @@ Name:           targetd
 License:        GPLv3
 Group:          System Environment/Libraries
 Summary:        Service to make storage remotely configurable
-Version:        0.2.4
+Version:        0.3
 Release:        1%{?dist}
 URL:            https://github.com/agrover/targetd
 Source:         https://github.com/downloads/agrover/%{name}/%{name}-%{version}.tar.gz
@@ -65,6 +65,9 @@ fi
 %config(noreplace) %{_sysconfdir}/target/targetd.yaml
 
 %changelog
+* Mon Sep 24 2012 Andy Grover <agrover@redhat.com> - 0.3-1
+- New upstream version
+
 * Fri Sep 7 2012 Andy Grover <agrover@redhat.com> - 0.2.4-1
 - New upstream version