diff --git a/mongoengine/__init__.py b/mongoengine/__init__.py
index e6dc6b9d..6e15d8b9 100644
--- a/mongoengine/__init__.py
+++ b/mongoengine/__init__.py
@@ -23,7 +23,7 @@ __all__ = (list(document.__all__) + list(fields.__all__) +
            list(signals.__all__) + list(errors.__all__))
 
 
-VERSION = (0, 15, 3)
+VERSION = (0, 16, 0)
 
 
 def get_version():