diff --git a/VERSION b/VERSION
index 53b56e047..985f99c01 100644
--- a/VERSION
+++ b/VERSION
@@ -1,4 +1,4 @@
 COLUMNSTORE_VERSION_MAJOR=1
 COLUMNSTORE_VERSION_MINOR=4
 COLUMNSTORE_VERSION_PATCH=3
-COLUMNSTORE_VERSION_RELEASE=2
+COLUMNSTORE_VERSION_RELEASE=3