diff --git a/configure.ac b/configure.ac
index fea884b2f4af22d8f8de89b5a3e332daef153f31..30e113d509436fd262fc5832c64da9d9762dc4e2 100644
--- a/configure.ac
+++ b/configure.ac
@@ -4,7 +4,7 @@ dnl Copyright (c) 2007-2015, The Tor Project, Inc.
 dnl See LICENSE for licensing information
 
 AC_PREREQ([2.63])
-AC_INIT([tor],[0.3.0.0-alpha-dev])
+AC_INIT([tor],[0.3.0.1-alpha])
 AC_CONFIG_SRCDIR([src/or/main.c])
 AC_CONFIG_MACRO_DIR([m4])
 
diff --git a/contrib/win32build/tor-mingw.nsi.in b/contrib/win32build/tor-mingw.nsi.in
index a76bc2207b4bb872d7f6c3497fb1b7d4af9abdb4..5a4fa5d76f6d5e4cf29b1b359a3fb9583837f0d2 100644
--- a/contrib/win32build/tor-mingw.nsi.in
+++ b/contrib/win32build/tor-mingw.nsi.in
@@ -8,7 +8,7 @@
 !include "LogicLib.nsh"
 !include "FileFunc.nsh"
 !insertmacro GetParameters
-!define VERSION "0.3.0.0-alpha-dev"
+!define VERSION "0.3.0.1-alpha"
 !define INSTALLER "tor-${VERSION}-win32.exe"
 !define WEBSITE "https://www.torproject.org/"
 !define LICENSE "LICENSE"
diff --git a/src/win32/orconfig.h b/src/win32/orconfig.h
index c113efb402f6bc47366360aeaf414867930092df..2d3fbf455bcda3342b8914b261d4828f6f426ffc 100644
--- a/src/win32/orconfig.h
+++ b/src/win32/orconfig.h
@@ -218,7 +218,7 @@
 #define USING_TWOS_COMPLEMENT
 
 /* Version number of package */
-#define VERSION "0.3.0.0-alpha-dev"
+#define VERSION "0.3.0.1-alpha"