diff --git a/CHANGES.rst b/CHANGES.rst
index 8b99f20..74f4430 100644
--- a/CHANGES.rst
+++ b/CHANGES.rst
@@ -1,6 +1,13 @@
 Changelog
 =========
 
+3.3dev (unreleased)
+-------------------
+
+* Define VTIMETZONE subcomponents STANDARD and DAYLIGHT.
+  [thet]
+
+
 3.2 (2012-11-27)
 ----------------
 
diff --git a/setup.py b/setup.py
index aeea8a4..10fc71d 100644
--- a/setup.py
+++ b/setup.py
@@ -1,6 +1,6 @@
 import setuptools
 
-version = '3.2'
+version = '3.3dev'
 shortdesc = 'iCalendar parser/generator'
 longdesc = open('README.rst').read()
 longdesc += open('CHANGES.rst').read()