diff --git a/CMakeLists.txt b/CMakeLists.txt
index ae9ec8ac0..07b8ce289 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -12,7 +12,7 @@ set(CMAKE_MODULE_PATH ${CMAKE_SOURCE_DIR}/cmake/)
 message(STATUS "Configuring OpenMW...")
 
 set(OPENMW_VERSION_MAJOR 0)
-set(OPENMW_VERSION_MINOR 28)
+set(OPENMW_VERSION_MINOR 29)
 set(OPENMW_VERSION_RELEASE 0)
 
 set(OPENMW_VERSION_COMMITHASH "")
diff --git a/readme.txt b/readme.txt
index 26abdaecc..bb17a68e7 100644
--- a/readme.txt
+++ b/readme.txt
@@ -3,7 +3,7 @@ OpenMW: A reimplementation of The Elder Scrolls III: Morrowind
 OpenMW is an attempt at recreating the engine for the popular role-playing game
 Morrowind by Bethesda Softworks. You need to own and install the original game for OpenMW to work.
 
-Version: 0.28.0
+Version: 0.29.0
 License: GPL (see GPL3.txt for more information)
 Website: http://www.openmw.org