diff --git a/CMakeLists.txt b/CMakeLists.txt
index 625239aa0..d0de9f771 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -19,7 +19,7 @@ include (OpenMWMacros)
 # Version
 
 set (OPENMW_VERSION_MAJOR 0)
-set (OPENMW_VERSION_MINOR 26)
+set (OPENMW_VERSION_MINOR 27)
 set (OPENMW_VERSION_RELEASE 0)
 
 set (OPENMW_VERSION "${OPENMW_VERSION_MAJOR}.${OPENMW_VERSION_MINOR}.${OPENMW_VERSION_RELEASE}")
diff --git a/readme.txt b/readme.txt
index 7865f8dba..c4d9d2746 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: 0.26.0
+Version: 0.27.0
 License: GPL (see GPL3.txt for more information)
 Website: http://www.openmw.org