diff --git a/bump-version.sh b/bump-version.sh
new file mode 100755
index 00000000..e74462db
--- /dev/null
+++ b/bump-version.sh
@@ -0,0 +1,8 @@
+#!/bin/bash
+
+current_version=$(python3 setup.py --version)
+new_version=$(expr "${current_version}" + 1)
+
+sed -i "s|Version:\s*${current_version}|Version:\\t${new_version}|" osbuild.spec
+sed -i "s|Release:\s*[[:digit:]]\+|Release:\\t1|" osbuild.spec
+sed -i "s|version=\"${current_version}\"|version=\"${new_version}\"|" setup.py
diff --git a/osbuild.spec b/osbuild.spec
index e2a0e6ec..2802c49d 100644
--- a/osbuild.spec
+++ b/osbuild.spec
@@ -1,8 +1,8 @@
 %global         pypi_name osbuild
 
 Name:           %{pypi_name}
-Version:        1
-Release:        3%{?dist}
+Version:	2
+Release:	1%{?dist}
 License:        ASL 2.0
 
 URL:            https://github.com/osbuild/osbuild
diff --git a/setup.py b/setup.py
index 90953ec8..b59fa188 100644
--- a/setup.py
+++ b/setup.py
@@ -3,7 +3,7 @@ import setuptools
 
 setuptools.setup(
     name="osbuild",
-    version="1",
+    version="2",
     description="A build system for OS images",
     packages=["osbuild"],
     license='Apache-2.0',