diff --git a/v.mod b/v.mod
index 4ad0b19c12..c552aee13c 100644
--- a/v.mod
+++ b/v.mod
@@ -1,7 +1,7 @@
 Module {
 	name: 'V'
 	description: 'The V programming language.'
-	version: '0.2'
+	version: '0.2.1'
 	license: 'MIT'
 	repo_url: 'https://github.com/vlang/v'
 	dependencies: []
diff --git a/vlib/v/tests/vmod_parser_test.v b/vlib/v/tests/vmod_parser_test.v
index 4c789ae296..eaa9d05333 100644
--- a/vlib/v/tests/vmod_parser_test.v
+++ b/vlib/v/tests/vmod_parser_test.v
@@ -6,7 +6,7 @@ fn test_from_file() {
 	data := vmod.from_file('./v.mod') or { panic(err) }
 	assert data.name == 'V'
 	assert data.description == 'The V programming language.'
-	assert data.version == '0.2'
+	assert data.version == '0.2.1'
 	assert data.dependencies.len == 0
 }
 
diff --git a/vlib/v/util/util.v b/vlib/v/util/util.v
index b206223b00..b034af484b 100644
--- a/vlib/v/util/util.v
+++ b/vlib/v/util/util.v
@@ -9,7 +9,7 @@ import v.pref
 import v.vmod
 
 pub const (
-	v_version = '0.2'
+	v_version = '0.2.1'
 )
 
 // math.bits is needed by strconv.ftoa