diff --git a/VERSION b/VERSION
index 93caac7ef..253140fbc 100644
--- a/VERSION
+++ b/VERSION
@@ -1,4 +1,4 @@
-4.02.0+dev5-2014-04-29
+4.03.0+dev0-2014-05-12
 
 # The version string is the first line of this file.
 # It must be in the format described in stdlib/sys.mli