diff --git a/ChangeLog b/ChangeLog
index ee0cae82e..05b2428c2 100644
--- a/ChangeLog
+++ b/ChangeLog
@@ -1,3 +1,6 @@
+Tue Jun  6 13:53:34 CEST 2017
+	Releasing taler-exchange 0.3.0. -CG
+
 Mon Apr 17 01:29:07 CEST 2017
 	Add support for HTTP body compression (#4982). -CG
 
diff --git a/README b/README
index 78665b551..d5d76eb65 100644
--- a/README
+++ b/README
@@ -17,11 +17,14 @@ Taler is currently developed by a worldwide group of independent free
 software developers and the DECENTRALISE team at Inria Rennes.  Taler
 is free software and a GNU package (http://www.gnu.org/).
 
-This is not even a release yet, but some raw development prototype
-that does not work yet.  This package also only includes the Taler
-exchange, not the other components of the system.
+This is an alpha release with a few known bugs, lacking a few
+important features, documentation, testing, performance tuning and an
+external security audit.  However, you can run the code and it largely
+works fine.  that does not work yet.  This package also only includes
+the Taler exchange, not the other components of the system.
 
 Documentation about Taler can be found at http://taler.net/.
+Our bug tracker is at https://gnunet.org/bugs/.
 
 
 Dependencies:
@@ -30,8 +33,8 @@ Dependencies:
 These are the direct dependencies for running a Taler exchange:
 
 - GNUnet            >= 0.10.2
-- GNU libmicrohttpd >= 0.9.38
-- Postgres          >= 9.3
+- GNU libmicrohttpd >= 0.9.55
+- Postgres          >= 9.5
 
 
 
diff --git a/configure.ac b/configure.ac
index 715e94e55..65efe78a8 100644
--- a/configure.ac
+++ b/configure.ac
@@ -2,7 +2,7 @@
 # Process this file with autoconf to produce a configure script.
 #
 #  This file is part of TALER
-#  Copyright (C) 2014, 2015, 2016 GNUnet e.V. and Inria
+#  Copyright (C) 2014, 2015, 2016, 2017 GNUnet e.V. and Inria
 #
 #  TALER is free software; you can redistribute it and/or modify it under the
 #  terms of the GNU General Public License as published by the Free Software
@@ -17,7 +17,7 @@
 #
 #
 AC_PREREQ([2.69])
-AC_INIT([taler-exchange], [0.2.0], [taler-bug@gnunet.org])
+AC_INIT([taler-exchange], [0.3.0], [taler-bug@gnunet.org])
 AC_CONFIG_SRCDIR([src/util/util.c])
 AC_CONFIG_HEADERS([taler_config.h])
 # support for non-recursive builds
diff --git a/src/bank-lib/Makefile.am b/src/bank-lib/Makefile.am
index 48c7e9cb0..d49975343 100644
--- a/src/bank-lib/Makefile.am
+++ b/src/bank-lib/Makefile.am
@@ -11,7 +11,7 @@ lib_LTLIBRARIES = \
   libtalerfakebank.la
 
 libtalerbank_la_LDFLAGS = \
-  -version-info 0:0:0 \
+  -version-info 1:0:0 \
   -no-undefined
 
 libtalerbank_la_SOURCES = \
diff --git a/src/exchange-lib/Makefile.am b/src/exchange-lib/Makefile.am
index 68cb71ee9..d891d1d62 100644
--- a/src/exchange-lib/Makefile.am
+++ b/src/exchange-lib/Makefile.am
@@ -10,7 +10,7 @@ lib_LTLIBRARIES = \
   libtalerexchange.la
 
 libtalerexchange_la_LDFLAGS = \
-  -version-info 1:0:0 \
+  -version-info 2:0:0 \
   -no-undefined
 
 libtalerexchange_la_SOURCES = \
diff --git a/src/json/Makefile.am b/src/json/Makefile.am
index 6f71b8718..d26f731ac 100644
--- a/src/json/Makefile.am
+++ b/src/json/Makefile.am
@@ -13,7 +13,7 @@ libtalerjson_la_SOURCES = \
   json.c \
   json_helper.c
 libtalerjson_la_LDFLAGS = \
-  -version-info 0:0:0 \
+  -version-info 1:0:1 \
   -export-dynamic -no-undefined
 libtalerjson_la_LIBADD = \
   -lgnunetjson \
diff --git a/src/util/Makefile.am b/src/util/Makefile.am
index eb9ffe475..c05f756f2 100644
--- a/src/util/Makefile.am
+++ b/src/util/Makefile.am
@@ -37,7 +37,7 @@ libtalerutil_wallet_la_LIBADD = \
   $(XLIB)
 
 libtalerutil_wallet_la_LDFLAGS = \
-  -version-info 0:0:0 \
+  -version-info 1:0:1 \
   -export-dynamic -no-undefined
 
 libtalerutil_la_SOURCES = \