diff --git a/ChangeLog b/ChangeLog
index a93a87fcd..bae600896 100644
--- a/ChangeLog
+++ b/ChangeLog
@@ -1,5 +1,7 @@
 2008-03-31  Matthias Clasen  <mclasen@redhat.com>
 
+	* configure.in: Bump version
+
 	* === Released 2.16.2 ===
 
 	* NEWS: More updates
diff --git a/configure.in b/configure.in
index 42eb78801..a2916f3f3 100644
--- a/configure.in
+++ b/configure.in
@@ -23,8 +23,8 @@ m4_define(glib_configure_in)
 #
 m4_define([glib_major_version], [2])
 m4_define([glib_minor_version], [16])
-m4_define([glib_micro_version], [2])
-m4_define([glib_interface_age], [2])
+m4_define([glib_micro_version], [3])
+m4_define([glib_interface_age], [3])
 m4_define([glib_binary_age],
           [m4_eval(100 * glib_minor_version + glib_micro_version)])
 m4_define([glib_version],