diff --git a/mopidy/__init__.py b/mopidy/__init__.py
index cabe0012..c2823270 100644
--- a/mopidy/__init__.py
+++ b/mopidy/__init__.py
@@ -30,4 +30,4 @@ except ImportError:
 warnings.filterwarnings('ignore', 'could not open display')
 
 
-__version__ = '1.0.2'
+__version__ = '1.0.3'
diff --git a/tests/test_version.py b/tests/test_version.py
index 6071e2cd..1bdcfe01 100644
--- a/tests/test_version.py
+++ b/tests/test_version.py
@@ -57,5 +57,6 @@ class VersionTest(unittest.TestCase):
         self.assertVersionLess('0.19.4', '0.19.5')
         self.assertVersionLess('0.19.5', '1.0.0')
         self.assertVersionLess('1.0.0', '1.0.1')
-        self.assertVersionLess('1.0.1', __version__)
-        self.assertVersionLess(__version__, '1.0.3')
+        self.assertVersionLess('1.0.1', '1.0.2')
+        self.assertVersionLess('1.0.2', __version__)
+        self.assertVersionLess(__version__, '1.0.4')