diff --git a/version/description b/version/description
index 59b6e017..84216dd9 100644
--- a/version/description
+++ b/version/description
@@ -1,11 +1,8 @@
-v0.3.0
-
-Features:
-* Adding quotes in macvtap.yaml.in, namespace.yaml.in,scc.yaml.in (#24)
+v0.3.1
 
 Bugs:
-* Change vbom.ml/util dependeny with github.com/fvbommel/util (#25)
+* Fix container command quotes in macvtap.yaml.in (#27)
 
 ```
-docker pull quay.io/kubevirt/macvtap-cni:v0.3.0
+docker pull quay.io/kubevirt/macvtap-cni:v0.3.1
 ```
diff --git a/version/version.go b/version/version.go
index 70e55cf6..beb0b53d 100644
--- a/version/version.go
+++ b/version/version.go
@@ -1,5 +1,5 @@
 package version
 
 var (
-	Version = "0.3.0"
+	Version = "0.3.1"
 )