diff --git a/CHANGES.rst b/CHANGES.rst
index edf32db752..9e884e51bf 100644
--- a/CHANGES.rst
+++ b/CHANGES.rst
@@ -1,3 +1,10 @@
+Changes in synapse 0.3.2 (2014-09-18)
+=====================================
+
+Webclient:
+ * Fix bug where an empty "bing words" list in old accounts didn't send
+   notifications when it should have done.
+
 Changes in synapse 0.3.1 (2014-09-18)
 =====================================
 This is a release to hotfix v0.3.0 to fix two regressions.
diff --git a/VERSION b/VERSION
index 9e11b32fca..d15723fbe8 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.3.1
+0.3.2
diff --git a/synapse/__init__.py b/synapse/__init__.py
index 1b49cbb38e..0dbad9a0de 100644
--- a/synapse/__init__.py
+++ b/synapse/__init__.py
@@ -16,4 +16,4 @@
 """ This is a reference implementation of a synapse home server.
 """
 
-__version__ = "0.3.1"
+__version__ = "0.3.2"