diff --git a/pungi b/pungi
index fd94c774..a0ca8280 100755
--- a/pungi
+++ b/pungi
@@ -144,7 +144,7 @@ if __name__ == '__main__':
     import sys
 
     def get_arguments():
-        parser = OptionParser(version="%prog 0.3.1")
+        parser = OptionParser(version="%prog 0.3.2")
         parser.add_option("--destdir", default="*CONFFILE*", dest="destdir",
           help='destination directory (defaults to current directory)')
         parser.add_option("-c", "--conf", default='/etc/pungi/pungi.conf', dest="config",
diff --git a/pungi.spec b/pungi.spec
index 3fc05c20..95a7dc3c 100644
--- a/pungi.spec
+++ b/pungi.spec
@@ -1,7 +1,7 @@
 %{!?python_sitelib: %define python_sitelib %(%{__python} -c "from distutils.sysconfig import get_python_lib; print get_python_lib()")}
 
 Name:           pungi
-Version:        0.3.1
+Version:        0.3.2
 Release:        1%{?dist}
 Summary:        Distribution compose tool
 
@@ -46,6 +46,13 @@ rm -rf $RPM_BUILD_ROOT
 
 
 %changelog
+* Mon May 21 2007 Jesse Keating <jkeating@redhat.coM> - 0.3.2-1
+- Don't quote ISO label, not running mkisofs in shell
+- Apply sparc patches (spot)
+- Fix cached downloads comparing correctly
+- Shorten 'development' to 'devel' in default config, more space for mkisofs
+- Handle config file missing better (jgranado)
+
 * Fri Apr 06 2007 Jesse Keating <jkeating@redhat.com> - 0.3.1-1
 - Fix comments in default config file
 
diff --git a/setup.py b/setup.py
index b29ead37..3cbf524b 100644
--- a/setup.py
+++ b/setup.py
@@ -2,7 +2,7 @@ from distutils.core import setup
 import glob
 
 setup(name='pungi',
-      version='0.3.1',
+      version='0.3.2',
       description='Distribution compose tool',
       author='Jesse Keating',
       author_email='jkeating@redhat.com',