diff --git a/synapse/__init__.py b/synapse/__init__.py
index 749a60329c0e76920bb9ae2858c6d74f5bdddb59..fd87c7e2d02b263bfb067396df914a87c6a7ed80 100644
--- a/synapse/__init__.py
+++ b/synapse/__init__.py
@@ -16,4 +16,4 @@
 """ This is a reference implementation of a Matrix home server.
 """
 
-__version__ = "0.8.1-r2"
+__version__ = "0.8.1-r3"