diff --git a/Makefile b/Makefile
index 3fd188d..504a0b3 100644
--- a/Makefile
+++ b/Makefile
@@ -1,7 +1,7 @@
 # cartodb/Makefile
 
 EXTENSION = cartodb
-EXTVERSION = 0.3.0
+EXTVERSION = 0.3.1
 
 SED = sed
 
diff --git a/NEWS b/NEWS
index c67b345..64dfd80 100644
--- a/NEWS
+++ b/NEWS
@@ -1,3 +1,7 @@
+0.3.1 (2014-07-22)
+------------------
+* Dummy version. We start using semantic versioning
+
 0.3.0 (2014-07-15)
 ------------------
 * Permission management functions