diff --git a/README b/README
index 8c25a8c2..cff130d8 100644
--- a/README
+++ b/README
@@ -30,7 +30,7 @@ and Winamp, licensed under the GPL; and 5) documentation, licensed
 under the GNU Free Documentation License.
 
 ============
-FLAC - 1.0.2
+FLAC - 1.0.3
 ============
 
 This is the source release for the FLAC project.  See
diff --git a/build/config.mk b/build/config.mk
index 09a9c3b8..0e019984 100644
--- a/build/config.mk
+++ b/build/config.mk
@@ -19,7 +19,7 @@
 # GNU makefile fragment for emulating stuff normally done by configure
 #
 
-VERSION=\"1.0.2\"
+VERSION=\"1.0.3\"
 
 ORDINALS_H = ../../include/FLAC/ordinals.h
 
diff --git a/configure.in b/configure.in
index 52b9d7c1..700b1172 100644
--- a/configure.in
+++ b/configure.in
@@ -19,7 +19,7 @@
 # instead of FLAC__ since autoconf triggers off 'AC_' in strings
 
 AC_INIT(src/flac/main.c)
-AM_INIT_AUTOMAKE(flac, 1.0.2)
+AM_INIT_AUTOMAKE(flac, 1.0.3)
 
 # We need two libtools, one that builds both shared and static, and
 # one that builds only static.  This is because the resulting libtool
diff --git a/doc/comparison.html b/doc/comparison.html
index 5fd46eaf..57c2fcad 100644
--- a/doc/comparison.html
+++ b/doc/comparison.html
@@ -184,7 +184,7 @@
 		</TR>
 		<TR>
 			<TD ALIGN="RIGHT" BGCOLOR="#F4F4CC">
-				flac v1.0.2
+				flac v1.0.3
 			</TD>
 			<TD>
 				YES (<A HREF="http://www.opensource.org/licenses/index.html">OSI</A> approved license)
diff --git a/flac.pbproj/project.pbxproj b/flac.pbproj/project.pbxproj
index 5ece5ed2..75986d94 100644
--- a/flac.pbproj/project.pbxproj
+++ b/flac.pbproj/project.pbxproj
@@ -865,7 +865,7 @@
 			buildSettings = {
 				HEADER_SEARCH_PATHS = include;
 				OPTIMIZATION_CFLAGS = "-O3";
-				OTHER_CFLAGS = "-DFLAC__VERSION_STRING=\\\\\\\"1.0.2\\\\\\\"";
+				OTHER_CFLAGS = "-DFLAC__VERSION_STRING=\\\\\\\"1.0.3\\\\\\\"";
 				OTHER_LDFLAGS = "";
 				OTHER_REZFLAGS = "";
 				PRODUCT_NAME = flac;
@@ -995,7 +995,7 @@
 			buildSettings = {
 				HEADER_SEARCH_PATHS = include;
 				OPTIMIZATION_CFLAGS = "-O3";
-				OTHER_CFLAGS = "-DFLAC__VERSION_STRING=\\\\\\\"1.0.2\\\\\\\"";
+				OTHER_CFLAGS = "-DFLAC__VERSION_STRING=\\\\\\\"1.0.3\\\\\\\"";
 				OTHER_LDFLAGS = "";
 				OTHER_REZFLAGS = "";
 				PRODUCT_NAME = metaflac;
diff --git a/src/flac/Makefile.vc b/src/flac/Makefile.vc
index 4b3e61d7..3d3f130a 100644
--- a/src/flac/Makefile.vc
+++ b/src/flac/Makefile.vc
@@ -21,10 +21,10 @@
 
 !IFDEF DEBUG
 .c.obj:
-	$(cc) $(cdebug) $(cflags) /I "..\..\include" /I ".\include" -DSTRICT -DVERSION=\"1.0.2\" -DFLAC__HAS_OGG -YX /Od /D "_DEBUG" $<
+	$(cc) $(cdebug) $(cflags) /I "..\..\include" /I ".\include" -DSTRICT -DVERSION=\"1.0.3\" -DFLAC__HAS_OGG -YX /Od /D "_DEBUG" $<
 !else
 .c.obj:
-	$(cc) /O2 $(crelease) $(cflags) /I "..\..\include" /I ".\include" -DSTRICT -DVERSION=\"1.0.2\" -DFLAC__HAS_OGG -YX -DNODEBUG $<
+	$(cc) /O2 $(crelease) $(cflags) /I "..\..\include" /I ".\include" -DSTRICT -DVERSION=\"1.0.3\" -DFLAC__HAS_OGG -YX -DNODEBUG $<
 !endif
 
 C_FILES= \
diff --git a/src/metaflac/Makefile.vc b/src/metaflac/Makefile.vc
index 8433b0b4..5157a029 100644
--- a/src/metaflac/Makefile.vc
+++ b/src/metaflac/Makefile.vc
@@ -19,10 +19,10 @@
 
 !IFDEF DEBUG
 .c.obj:
-	$(cc) $(cdebug) $(cflags) /I "..\..\include" /I ".\include" -DSTRICT -DVERSION=\"1.0.2\" -YX /Od /D "_DEBUG" $<
+	$(cc) $(cdebug) $(cflags) /I "..\..\include" /I ".\include" -DSTRICT -DVERSION=\"1.0.3\" -YX /Od /D "_DEBUG" $<
 !else
 .c.obj:
-	$(cc) /O2 $(crelease) $(cflags) /I "..\..\include" /I ".\include" -DSTRICT -DVERSION=\"1.0.2\" -YX -DNODEBUG $<
+	$(cc) /O2 $(crelease) $(cflags) /I "..\..\include" /I ".\include" -DSTRICT -DVERSION=\"1.0.3\" -YX -DNODEBUG $<
 !endif
 
 C_FILES= \
diff --git a/src/plugin_winamp2/Makefile.vc b/src/plugin_winamp2/Makefile.vc
index fe045d03..2f0f1040 100644
--- a/src/plugin_winamp2/Makefile.vc
+++ b/src/plugin_winamp2/Makefile.vc
@@ -19,10 +19,10 @@
 
 !IFDEF DEBUG
 .c.obj:
-	$(cc) /GX $(cdebug) $(cflags) $(cvarsdll) /I "..\..\include" /I ".\include" -DSTRICT -DVERSION=\"1.0.2\" -YX /Od /D "_DEBUG" $<
+	$(cc) /GX $(cdebug) $(cflags) $(cvarsdll) /I "..\..\include" /I ".\include" -DSTRICT -DVERSION=\"1.0.3\" -YX /Od /D "_DEBUG" $<
 !else
 .c.obj:
-	$(cc) /O2 $(crelease) $(cflags) $(cvarsdll) /I "..\..\include" /I ".\include" -DSTRICT -DVERSION=\"1.0.2\" -YX -DNODEBUG $<
+	$(cc) /O2 $(crelease) $(cflags) $(cvarsdll) /I "..\..\include" /I ".\include" -DSTRICT -DVERSION=\"1.0.3\" -YX -DNODEBUG $<
 !endif
 
 C_FILES= \
diff --git a/src/test_streams/Makefile.vc b/src/test_streams/Makefile.vc
index 4f143a13..b2fb4118 100644
--- a/src/test_streams/Makefile.vc
+++ b/src/test_streams/Makefile.vc
@@ -19,10 +19,10 @@
 
 !IFDEF DEBUG
 .c.obj:
-	$(cc) $(cdebug) $(cflags) /I "..\..\include" /I ".\include" -DSTRICT -DVERSION=\"1.0.2\" -YX /Od /D "_DEBUG" $<
+	$(cc) $(cdebug) $(cflags) /I "..\..\include" /I ".\include" -DSTRICT -DVERSION=\"1.0.3\" -YX /Od /D "_DEBUG" $<
 !else
 .c.obj:
-	$(cc) /O2 $(crelease) $(cflags) /I "..\..\include" /I ".\include" -DSTRICT -DVERSION=\"1.0.2\" -YX -DNODEBUG $<
+	$(cc) /O2 $(crelease) $(cflags) /I "..\..\include" /I ".\include" -DSTRICT -DVERSION=\"1.0.3\" -YX -DNODEBUG $<
 !endif
 
 C_FILES= \