diff --git a/Corrfunc/__init__.py b/Corrfunc/__init__.py
index 14c6270c..b27b2a2a 100644
--- a/Corrfunc/__init__.py
+++ b/Corrfunc/__init__.py
@@ -11,7 +11,7 @@
 ### following the accepted answer in:
 ### http://stackoverflow.com/questions/19913653/no-unicode-in-all-for-a-packages-init
 __all__ = [n.encode('ascii') for n in __all__]
-__version__ = "0.2.0"
+__version__ = "0.2.1"
 
 if sys.version_info[0] >= 3:
     def rd(filename):
diff --git a/common.mk b/common.mk
index 90d6fcc6..b19140a2 100644
--- a/common.mk
+++ b/common.mk
@@ -11,7 +11,7 @@ CLINK:=
 DISTNAME:=Corrfunc
 MAJOR:=0
 MINOR:=2
-PATCHLEVEL:=0
+PATCHLEVEL:=1
 VERSION:=$(MAJOR).$(MINOR).$(PATCHLEVEL)
 
 INCLUDE:=-I../../io -I../../utils