diff --git a/README.rst b/README.rst
index b00a5b9a..7933bed8 100644
--- a/README.rst
+++ b/README.rst
@@ -2,7 +2,7 @@
  kombu - AMQP Messaging Framework for Python
 #############################################
 
-:Version: 1.4.1
+:Version: 1.4.2
 
 Synopsis
 ========
diff --git a/contrib/release/bump_version.py b/contrib/release/bump_version.py
old mode 100644
new mode 100755
diff --git a/kombu/__init__.py b/kombu/__init__.py
index 43f95a35..6070195f 100644
--- a/kombu/__init__.py
+++ b/kombu/__init__.py
@@ -1,5 +1,5 @@
 """AMQP Messaging Framework for Python"""
-VERSION = (1, 4, 1)
+VERSION = (1, 4, 2)
 __version__ = ".".join(map(str, VERSION[0:3])) + "".join(VERSION[3:])
 __author__ = "Ask Solem"
 __contact__ = "ask@celeryproject.org"