diff --git a/mongoengine/__init__.py b/mongoengine/__init__.py
index 4b4dddc9b..2b78d4e63 100644
--- a/mongoengine/__init__.py
+++ b/mongoengine/__init__.py
@@ -23,7 +23,7 @@
            list(signals.__all__) + list(errors.__all__))
 
 
-VERSION = (0, 16, 2)
+VERSION = (0, 16, 3)
 
 
 def get_version():