diff --git a/io/metadata.txt b/io/metadata.txt
index 849688fb..abe46bcf 100644
--- a/io/metadata.txt
+++ b/io/metadata.txt
@@ -1,3 +1,3 @@
 srctype = dummy
 type = module
-version = 0.0.3
+version = 0.1
diff --git a/io/setup.py b/io/setup.py
index 88031ccd..66c9300f 100644
--- a/io/setup.py
+++ b/io/setup.py
@@ -7,7 +7,7 @@ sys.path.append("..")
 import optimize_upip
 
 setup(name='micropython-io',
-      version='0.0.3',
+      version='0.1',
       description='Dummy io module for MicroPython',
       long_description='This is a dummy implementation of a module for MicroPython standard library.\nIt contains zero or very little functionality, and primarily intended to\navoid import errors (using idea that even if an application imports a\nmodule, it may be not using it onevery code path, so may work at least\npartially). It is expected that more complete implementation of the module\nwill be provided later. Please help with the development if you are\ninterested in this module.',
       url='https://github.com/micropython/micropython-lib',