diff --git a/Code/Mantid/Build/CMake/VersionNumber.cmake b/Code/Mantid/Build/CMake/VersionNumber.cmake
index 18fc49e06aefc3fe0f8ace6b510a38b313df2abe..afc86eb6ea622da616d0c9d81399f4ec249690b9 100644
--- a/Code/Mantid/Build/CMake/VersionNumber.cmake
+++ b/Code/Mantid/Build/CMake/VersionNumber.cmake
@@ -1,7 +1,7 @@
 # Set the version number here for MantidVersion and the package filenames
 
 set ( VERSION_MAJOR 3 )
-set ( VERSION_MINOR 1 )
+set ( VERSION_MINOR 2 )
 
 # UNCOMMENT the next 'set' line to 'force' the patch version number to
 # a value (instead of using the count coming out of 'git describe')