diff --git a/GPy/__version__.py b/GPy/__version__.py
index 7863915f..976498ab 100644
--- a/GPy/__version__.py
+++ b/GPy/__version__.py
@@ -1 +1 @@
-__version__ = "1.0.2"
+__version__ = "1.0.3"
diff --git a/README.md b/README.md
index 83f10eff..c81ef5da 100644
--- a/README.md
+++ b/README.md
@@ -36,7 +36,7 @@ If that is the case, it is best to clean the repo and reinstall.
 [<img src="https://upload.wikimedia.org/wikipedia/commons/8/8e/OS_X-Logo.svg" height=40px>](http://www.apple.com/osx/)
 [<img src="https://upload.wikimedia.org/wikipedia/commons/3/35/Tux.svg" height=40px>](https://en.wikipedia.org/wiki/List_of_Linux_distributions)
 
-Python 2.7, 3.3 and higher
+Python 2.7, 3.4 and higher
 
 ## Citation
 
diff --git a/setup.cfg b/setup.cfg
index a383a060..0d66c052 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 1.0.2
+current_version = 1.0.3
 tag = False
 commit = True