diff --git a/README.rst b/README.rst
index 2e2088dc..f82e69ae 100644
--- a/README.rst
+++ b/README.rst
@@ -2,7 +2,7 @@
  kombu - AMQP Messaging Framework for Python
 #############################################
 
-:Version: 1.0.7
+:Version: 1.0.8
 
 Synopsis
 ========
diff --git a/kombu/__init__.py b/kombu/__init__.py
index 48b4a318..110c0493 100644
--- a/kombu/__init__.py
+++ b/kombu/__init__.py
@@ -1,5 +1,5 @@
 """AMQP Messaging Framework for Python"""
-VERSION = (1, 0, 7)
+VERSION = (1, 0, 8)
 __version__ = ".".join(map(str, VERSION[0:3])) + "".join(VERSION[3:])
 __author__ = "Ask Solem"
 __contact__ = "ask@celeryproject.org"