diff --git a/Makefile b/Makefile
index a64ee51..ed5f50c 100644
--- a/Makefile
+++ b/Makefile
@@ -15,7 +15,7 @@
 #    along with this program; if not, write to the Free Software
 #    Foundation, Inc., 51 Franklin St, Fifth Floor, Boston, MA  02110-1301 USA
 
-VERSION=4.0.15
+VERSION=4.0.16
 TARGZ=offlineimap_$(VERSION).tar.gz
 SHELL=/bin/bash
 
diff --git a/bin/offlineimap b/bin/offlineimap
index a1c9193..95fd2fb 100644
--- a/bin/offlineimap
+++ b/bin/offlineimap
@@ -18,4 +18,4 @@
 #    Foundation, Inc., 51 Franklin St, Fifth Floor, Boston, MA  02110-1301 USA
 
 from offlineimap import init
-init.startup('4.0.15')
+init.startup('4.0.16')
diff --git a/offlineimap.py b/offlineimap.py
index 84e106d..32009ac 100644
--- a/offlineimap.py
+++ b/offlineimap.py
@@ -18,4 +18,4 @@
 #    Foundation, Inc., 59 Temple Place, Suite 330, Boston, MA  02111-1307  USA
 
 from offlineimap import init
-init.startup('4.0.15')
+init.startup('4.0.16')
diff --git a/offlineimap.spec b/offlineimap.spec
index 3b5b7c6..7c0805c 100644
--- a/offlineimap.spec
+++ b/offlineimap.spec
@@ -1,6 +1,6 @@
 Name: offlineimap
 Summary: Powerful IMAP/Maildir synchronization and reader support
-Version: 4.0.15
+Version: 4.0.16
 Release: 3
 License: GPL
 Group: Applications/Internet
diff --git a/offlineimap/version.py b/offlineimap/version.py
index 7f28034..f45bbfd 100644
--- a/offlineimap/version.py
+++ b/offlineimap/version.py
@@ -1,5 +1,5 @@
 productname = 'OfflineIMAP'
-versionstr = "4.0.15"
+versionstr = "4.0.16"
 
 versionlist = versionstr.split(".")
 major = versionlist[0]