diff --git a/VERSION b/VERSION
index 6d7de6e6..516e6a47 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-1.0.2
+1.0.3-dev
diff --git a/package.ini b/package.ini
index 03906abf..c7f6a1e9 100644
--- a/package.ini
+++ b/package.ini
@@ -10,8 +10,8 @@ name        = "Predis"
 desc        = "Flexible and feature-complete PHP client library for Redis"
 homepage    = "http://github.com/nrk/predis"
 license     = "MIT"
-version     = "1.0.2"
-stability   = "stable"
+version     = "1.0.3"
+stability   = "devel"
 channel     = "pear.nrk.io"
 
 author      = "Daniele Alessandri \"nrk\" <suppakilla@gmail.com>"
diff --git a/src/Client.php b/src/Client.php
index c4317200..c02a62a7 100644
--- a/src/Client.php
+++ b/src/Client.php
@@ -40,7 +40,7 @@ use Predis\Transaction\MultiExec as MultiExecTransaction;
  */
 class Client implements ClientInterface
 {
-    const VERSION = '1.0.2';
+    const VERSION = '1.0.3-dev';
 
     protected $connection;
     protected $options;