diff --git a/CHANGELOG b/CHANGELOG
index 55220d7..8cb0de6 100644
--- a/CHANGELOG
+++ b/CHANGELOG
@@ -1,3 +1,16 @@
+* 2014-06-03 0.3.0
+
+Summary:
+
+The major change here is to use an updated 3.0.x release.
+
+Features:
+- Use the last version in the 3.0.x releases as the default.
+
+Fixes:
+- Fixed timeout when compiling passenger on 'slow' machines
+
+
 * 2013-11-20 0.2.0
 
 Summary:
diff --git a/Modulefile b/Modulefile
index bf7adb5..ffa642f 100644
--- a/Modulefile
+++ b/Modulefile
@@ -1,5 +1,5 @@
 name 'puppetlabs-passenger'
-version '0.2.0'
+version '0.3.0'
 source 'git://github.com/puppetlabs/puppetlabs-passenger.git'
 author 'puppetlabs'
 license 'Apache 2.0'