diff --git a/GNUmakefile b/GNUmakefile
index a9fd8304f2..a04b310bb5 100644
--- a/GNUmakefile
+++ b/GNUmakefile
@@ -1,5 +1,5 @@
 ifdef CONFIG
-	VERSION = 0.97
+	VERSION = 0.98
 	GIT_LABEL = $(shell git describe --all --long)
 
 	BUNDLE = Factor.app
diff --git a/build-support/factor.cmd b/build-support/factor.cmd
index 98f545d4ed..34787502b9 100644
--- a/build-support/factor.cmd
+++ b/build-support/factor.cmd
@@ -30,7 +30,7 @@ if not errorlevel 1 (
 git describe --all --long > git_label.tmp
 set /p git_label= < git_label.tmp
 
-set version=0.97
+set version=0.98
 
 if %_bootimage_version%==clean (
     set _git_branch=clean-windows-%_target%