diff --git a/Makefile b/Makefile
index e672d27..d94979d 100644
--- a/Makefile
+++ b/Makefile
@@ -16,7 +16,7 @@
 
 VERSION_MAJOR = 1
 VERSION_MINOR = 1
-VERSION_RELEASE = 2
+VERSION_RELEASE = 3
 
 # Version for pkg-config
 PCVERSION = $(VERSION_MAJOR).$(VERSION_MINOR).$(VERSION_RELEASE)
diff --git a/debian/changelog b/debian/changelog
index 72044db..e6a8cfa 100644
--- a/debian/changelog
+++ b/debian/changelog
@@ -1,3 +1,9 @@
+libgbinder (1.1.3) unstable; urgency=low
+
+  * Improved unit test coverage
+
+ -- Slava Monich <slava.monich@jolla.com>  Wed, 23 Dec 2020 21:48:27 +0200
+
 libgbinder (1.1.2) unstable; urgency=low
 
   * Fixed random unit text failures
diff --git a/rpm/libgbinder.spec b/rpm/libgbinder.spec
index 243fd7c..712480d 100644
--- a/rpm/libgbinder.spec
+++ b/rpm/libgbinder.spec
@@ -1,5 +1,5 @@
 Name: libgbinder
-Version: 1.1.2
+Version: 1.1.3
 Release: 0
 Summary: Binder client library
 License: BSD