diff --git a/libobjc/configure.ac b/libobjc/configure.ac
index ed532fa..6157d11 100644
--- a/libobjc/configure.ac
+++ b/libobjc/configure.ac
@@ -27,7 +27,7 @@
 # We need the following definitions because AC_PROG_LIBTOOL relies on them
 PACKAGE=libobjc
 # Version is pulled out to make it a bit easier to change using sed.
-VERSION=2:0:0
+VERSION=3:0:0
 AC_SUBST(VERSION)
 
 # This works around the fact that libtool configuration may change LD