diff --git a/omping.spec b/omping.spec
index 1d05dce..c3ddf8a 100644
--- a/omping.spec
+++ b/omping.spec
@@ -1,6 +1,6 @@
 Name: omping
-Version: 0.0.1
-Release: 2%{?dist}
+Version: 0.0.3
+Release: 1%{?dist}
 Summary: Utility to test IP multicast functionality
 Group: Applications/Internet
 License: ISC
@@ -32,6 +32,9 @@ rm -rf %{buildroot}
 %{_mandir}/man8/*
 
 %changelog
+* Mon May 02 2011 Jan Friesse <jfriesse@redhat.com> - 0.0.3-1
+- Update to version 0.0.3
+
 * Wed Nov 24 2010 Jan Friesse <jfriesse@redhat.com> - 0.0.1-2
 - Change hard coded prefix path to macro