diff --git a/ChangeLog b/ChangeLog
index 662b9aa7f1..666ddb30c3 100644
--- a/ChangeLog
+++ b/ChangeLog
@@ -1,3 +1,9 @@
+2006-02-08  Jan Schmidt  <thaytan@mad.scientist.com>
+
+	* configure.ac:
+	  2nd prerelease of 0.10.3
+	  Bump libtool versioning.
+
 2006-02-07  Andy Wingo  <wingo@pobox.com>
 
 	* libs/gst/base/gstcollectpads.c (gst_collect_pads_chain): Only
diff --git a/configure.ac b/configure.ac
index 7336572d9b..1d4dde2cfe 100644
--- a/configure.ac
+++ b/configure.ac
@@ -6,7 +6,7 @@ AC_INIT
 
 dnl when going to/from release please set the nano (fourth number) right !
 dnl releases only do Wall, cvs and prerelease does Werror too
-AS_VERSION(gstreamer, GST_VERSION, 0, 10, 2, 2,
+AS_VERSION(gstreamer, GST_VERSION, 0, 10, 2, 3,
     GST_CVS="no", GST_CVS="yes")
 
 dnl can autoconf find the source ?
@@ -38,7 +38,7 @@ dnl - interfaces added/removed/changed -> increment CURRENT, REVISION = 0
 dnl - interfaces added -> increment AGE
 dnl - interfaces removed -> AGE = 0
 dnl sets GST_LT_LDFLAGS
-AS_LIBTOOL(GST, 2, 0, 2)
+AS_LIBTOOL(GST, 3, 0, 3)
 AS_LIBTOOL_TAGS
 AM_PROG_LIBTOOL