diff --git a/docs/changelog.rst b/docs/changelog.rst
index 010740d..8ab722c 100644
--- a/docs/changelog.rst
+++ b/docs/changelog.rst
@@ -1,3 +1,12 @@
+0.7.2 (YYYY-MM-DD)
+---------------------------
+
+Features
+******************
+
+Fixed Bugs
+******************
+
 0.7.1 (2011-05-27)
 ---------------------------
 
diff --git a/docs/conf.py b/docs/conf.py
index 18cc7b7..c528b2f 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -54,9 +54,9 @@ copyright = u'2011, Evan Rosson, Jan Dittberner, Domen Kožar, Chris Withers'
 # built documents.
 #
 # The short X.Y version.
-version = '0.7.1'
+version = '0.7.2'
 # The full version, including alpha/beta/rc tags.
-release = '0.7.1'
+release = '0.7.2.dev'
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
diff --git a/migrate/__init__.py b/migrate/__init__.py
index a6c238f..8957fa7 100644
--- a/migrate/__init__.py
+++ b/migrate/__init__.py
@@ -8,4 +8,4 @@
 from migrate.versioning import *
 from migrate.changeset import *
 
-__version__ = '0.7.1'
+__version__ = '0.7.2.dev'
diff --git a/setup.py b/setup.py
index 5e615d4..45a2b32 100644
--- a/setup.py
+++ b/setup.py
@@ -15,7 +15,7 @@ readme_file = open(os.path.join(os.path.dirname(os.path.abspath(__file__)),
 
 setup(
     name = "sqlalchemy-migrate",
-    version = "0.7.1",
+    version = "0.7.2",
     packages = find_packages(exclude=["migrate.tests*"]),
     include_package_data = True,
     description = "Database schema migration for SQLAlchemy",