diff --git a/.bumpversion.cfg b/.bumpversion.cfg
new file mode 100644
index 00000000..bd316eed
--- /dev/null
+++ b/.bumpversion.cfg
@@ -0,0 +1,13 @@
+[nosetests]
+with-coverage = 1
+cover-package = sumy
+cover-erase = 1
+
+[wheel]
+universal = 1
+
+[bumpversion]
+files = setup.py setup.cfg sumy/__init__.py CHANGELOG.rst
+commit = True
+tag = True
+
diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index e851965c..2ec19b7c 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -11,7 +11,7 @@ Changelog
 - Function ``sumy.utils.get_stop_words`` raises ``LookupError`` instead of ``ValueError`` for unknown language.
 - Exception ``LookupError`` is raised for unknown language of stemmer instead of falling silently to ``null_stemmer``.
 
-0.2.1 (2014-01-23)
+0.3.0 (2014-01-23)
 ------------------
 - Fixed installation of my own readability fork. Added ``breadability`` to the dependencies instead of it `#8 <https://github.com/miso-belica/sumy/issues/8>`_. Thanks to `@pratikpoddar <https://github.com/pratikpoddar>`_.
 
diff --git a/setup.cfg b/setup.cfg
index af0ec475..cee35113 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -7,7 +7,7 @@ cover-erase=1
 universal=1
 
 [bumpversion]
-current_version=0.2.1
+current_version=0.3.0
 files=setup.py setup.cfg sumy/__init__.py CHANGELOG.rst
 commit=True
 tag=True
diff --git a/setup.py b/setup.py
index 3bdaacc2..2d27b526 100644
--- a/setup.py
+++ b/setup.py
@@ -18,7 +18,7 @@
 
 setup(
     name="sumy",
-    version="0.2.1",
+    version="0.3.0",
     description="Module for automatic summarization of text documents and HTML pages.",
     long_description=long_description,
     author="Michal Belica",
diff --git a/sumy/__init__.py b/sumy/__init__.py
index dceb5140..1ca3a0b2 100644
--- a/sumy/__init__.py
+++ b/sumy/__init__.py
@@ -5,4 +5,4 @@
 
 
 __author__ = "Michal Belica"
-__version__ = "0.2.1"
+__version__ = "0.3.0"