diff --git a/docs/release-notes.md b/docs/release-notes.md
index 12907b135..fe58ebd14 100644
--- a/docs/release-notes.md
+++ b/docs/release-notes.md
@@ -1,5 +1,7 @@
 ## Next release
 
+## 0.16.0
+
 * Upgrade *path operation* `doctsring` parsing to support proper Markdown descriptions. New documentation at <a href="https://fastapi.tiangolo.com/tutorial/path-operation-configuration/#description-from-docstring" target="_blank">Path Operation Configuration</a>. PR <a href="https://github.com/tiangolo/fastapi/pull/163" target="_blank">#163</a>.
 
 * Refactor internal usage of Pydantic to use correct data types. PR <a href="https://github.com/tiangolo/fastapi/pull/164" target="_blank">#164</a>.
diff --git a/fastapi/__init__.py b/fastapi/__init__.py
index 8e3474ddf..fdf119382 100644
--- a/fastapi/__init__.py
+++ b/fastapi/__init__.py
@@ -1,6 +1,6 @@
 """FastAPI framework, high performance, easy to learn, fast to code, ready for production"""
 
-__version__ = "0.15.0"
+__version__ = "0.16.0"
 
 from starlette.background import BackgroundTasks